Falling technology, banks lead Wall St to new low for 2022
Falling technology, banks lead Wall St to new low for 2022
By DAMIAN J. TROISE and ALEX VEIGA
Stocks fell to a new low for the year on Wall Street Tuesday and bond yields surged amid renewed jitters the Federal Reserve will lift interest rates to tackle rising inflation. The S&P 500 fell 1.8%, the Dow Jones Industrial Average lost 1.5% and the Nasdaq sank 2.6%. Technology stocks and banks led the decline. Goldman Sachs fell after the investment bank…