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Dow Industrials Erase 2023 Gain as Stocks Extend Selloff
The Dow Jones Industrial Average wiped out its 2023 gains on Tuesday as stocks extended a selloff in the face of a continued rise in Treasury yields.
Stock-market gains this year have been led largely by megacap tech stocks, boosting the tech-heavy Nasdaq and buoying the large-cap benchmark S&P 500. However, an equal-weight measure of the S&P 500 is negative ...