Stocks fell, with some of the world’s largest technology companies leading losses as Treasury yields climbed.
The S&P 500 was down for a third day, while the tech-heavy Nasdaq 100 underperformed amid a slide in giants like Apple Inc. and Microsoft Corp. Amazon.com Inc., which is looking to sell investment-grade debt, saw its shares slump. U.S.-listed Chinese stocks jumped as officials vowed to speed up COVID shots for the elderly and avoid excessive restrictions.
