Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, breaks down market moves and explains why inflation is likely to stay sticky near 3 percent amid affordability pressures and tight labor supply. US stocks extended losses, as a selloff in technology shares dragged global gauges from the brink of record highs. Bond yields climbed. The Nasdaq 100 was down 1.3%. Broadcom Inc. dropped after its sales outlook fell short of lofty expectations. The S&P 500 sagged after the index notched a

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