US stocks end lower, Treasury yields slide amid revived valuation concerns, Fed uncertainty

Bitcoin

NEW YORK :Wall Street reversed early gains on Thursday as a mixed employment report diminished hopes for further easing by the Federal Reserve this year and as worries resurfaced over inflated tech valuations, unassuaged by Nvidia's better-than-expected earnings report. All three major U.S. stock indexes closed sharply lower, with weakness in artificial intelligence-related momentum stocks dragging the tech-heavy Nasdaq down the most. Benchmark Treasury yields dipped and bitcoin tumbled,

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