Big Tech Sees Mixed Moves as Bond Yields Rise
Posted on Sep 03, 2025 / Finance
Wall Street kicked off September with investors hitting the exit button on tech-heavy stocks, as rising Treasury yields pressured valuations. Alphabet bucked the trend with a post-market gain of roughly 8%, buoyed by a favorable court ruling that allows continued search payments under regulated terms. Meanwhile, semiconductor names like Nvidia, AMD, and Intel slumped amid fears of slowing AI momentum and broader interest-rate anxiety. The sell-off extended to the S&P 500, Dow, and Nasdaq, each slipping between 0.6 % and 0.8 % as bond yields climbed. Amid uncertainty, gold surged to fresh record highs as investors sought safe-haven assets.
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