Tech Weakness Keeps Wall Street Under Pressure

Tech Weakness Keeps Wall Street Under Pressure
A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, N.Y., on June 28, 2021. Andrew Kelly/Reuters
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Wall Street’s main indexes slipped on Tuesday, with the Nasdaq lagging the most as rising Treasury yields weighed on major technology stocks, while gains in banking and energy stocks helped limit broader market losses.

The S&P 500 energy index jumped 2.7 percent as oil prices rose after a move by the United States and other consumer nations to release oil from their reserves to try to cool the market fell short of some expectations.