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SURVEY-Inventories of crude oil and refined products in the US would have fallen last week

Bloomberg

Technology drags Nasdaq 100 to three-week low

(Bloomberg) – Tech stocks tumbled on valuation concerns as commodities rallied and bond yields rose as investors saw stronger growth and faster inflation amid an economy recovery Here are some of the major moves in the markets: Stocks The S&P 500 Index was down 0.8% at 4 p.m. New York time, The Stoxx Europe 600 Index fell 0.4%, The MSCI Asia Pacific Index lost 0, 8% .MSCI Emerging Markets Index down 2.2% .CurrenciesBloomberg Dollar Spot Index fell 0.1% .Euro advanced 0.3% to $ 1.2156. Sterling advanced 0.3% to $ 1 4,062. Japanese yen rose 0.4% to 105.07 per dollar Bonds 10-year Treasury yield rose three basis points to 1.36%. German 10-year bond yield fell three The yield on UK 10-year bonds fell two basis points to 0.68% .Produc Basics West Texas Intermediate crude rose 3.8% to $ 61.49 a barrel. Gold strengthened 1.4% to $ 1,809.63 an ounce. Original Note: Tech Drags Nasdaq 100 to Three-Week Low; Oil Jumps: Markets WrapFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source. © 2021 Bloomberg LP

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