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Create: 2022-11-26 Update: 2025-07-01 18:17:33

🗓 Saturday, November 26
🌍 World Cup 2022 🏆 : Group D
🇹🇳 Tunisia - Australia 🇦🇺
⏱ 7:00 ETH Local 🇪🇹
⏱ 1:00 PM
⏱ GMT+3 13:00

🌍 World Cup 2022 🏆 : Group C
🇵🇱 Poland - Saudi Arabia 🇸🇦
⏱ 10:00 ETH Local 🇪🇹
⏱ 4:00 PM
⏱ GMT+3 16:00

🌍 World Cup 2022 🏆 : Group D
🇫🇷 France - Denmark 🇩🇰
⏱ 1:00 ETH Local 🇪🇹
⏱ 7:00 PM
⏱ GMT+3 19:00

🌍 World Cup 2022 🏆 : Group C
🇦🇷 Argentina - Mexico 🇲🇽
⏱ 4:00 ETH Local 🇪🇹
⏱ 10:00 PM
⏱ GMT+3 22:00

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Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

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