(Edit) New York Stock Exchange: the Dow closed 559.85 points.

Request to edit news headlines from “New York Stock Market: Dow Closing 559.85 Point of the NBTC’s Sale of Technology Shares – Buying Bond” as “New York’s Stock Market: Dow Closing 559.85 Point of the Sale of Technology Shares Worried, Bond Yiel rushed “and edited the news content in the first paragraph from “Investors are still pouring out technology stocks to fund the US bond market. After the sharp jump in bond yields “to”, investors continued to pour out technology stocks. Amid fears about the sharp jump in bond yields, “the revised content is as follows.

The Dow, New York Stock Exchange closed more than 500 points last night (25 Feb) and the Nasdaq plunged the most in four months as investors continued to sell tech stocks. Amid worries about the sharp jump in bond yields

The Dow Jones Industrial Average closed at 31,402.01, falling 559.85 or -1.75%, the S&P 500 closed at 3,829.34, tumbling 96.09, or -2.45%, and the Nasdaq closed at 13,119.43, falling 478.54 or -3.52%.

The New York Stock Exchange is under pressure. Because investors pour out high-priced tech stocks to make a profit. Amid fears about the US 10-year bond yield hit a one-year high of 1.53%.

In addition, investors also pour out stocks. Amidst the uncertainty in the market While there is still no new progress About US fiscal stimulus And the end of the earnings reporting season for US listed companies is almost over.

Apple, Amazon, Microsoft, Alphabet, Facebook and Netflix shares all fell 1.9-2.9 percent.

Technology and communications stocks in the S & P500 index fell 3.9 percent and 2.3 percent, respectively.

Tesla Inc. shares fell 5.5% after the media reported. Tesla will temporarily halt production of cars at a California car assembly plant

But Moderna shares jumped 4.6% in the market after expecting that. The company will have sales of about $ 18.4 billion of the COVID-19 vaccine this year.

The key US economic data released last night are: The number of first-time unemployment benefits dropped to 730,000 last week, the U.S. Department of Labor. That was the lowest level since the week ended Nov 28, 2020 and lower than the 845,000 analysts expected.

The Commerce Department released the second estimate of gross domestic product (GDP) for the fourth quarter of 2020, indicating that the US economy grew 4.1%, better than the No. 1 estimate of 4.0% and the US Department of Commerce. Also revealed that U.S. orders for durable goods, such as planes, automobiles and large machinery, with a three-year or more lifespan of three years, jumped 3.4 percent in January after rising 1.2 percent in December.

The National Association of Real Estate Brokers (NAR) said the pending home sales index fell 2.8% in January on a monthly basis. As analysts expected. May be stabilized in those months

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