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U.S. Stocks Decline on Tech Woes, Treasuries Slide: Markets Wrap

Randall Jensen, Sarah Ponczek
U.S. Stocks Decline on Tech Woes, Treasuries Slide: Markets Wrap

U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid a wave of selling across European sovereign debt and inflation. The S&P 500 Index dropped the most in nearly two weeks as tech shares slumped after Taiwan Semiconductor’s disappointing forecast roiled chipmaker stocks.