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News · ▼ Bearish · 2 sources confirmed · 2026-09-23 20:48 UTC

Update: Nasdaq Retreats From Record, Yields Surge Amid Mounting Rate Hike Bets - Yahoo Finance

Why now

Thesis: Yields are capping the tech rally

Catalyst to watch: Fed guidance and inflation prints

Main risk: Earnings strength could offset rate drag

Why it matters

Nasdaq retreating from record highs as yields surge shows rate expectations are the dominant near-term equity driver.

Related assets & topics

Nasdaq Composite · ^IXICTreasury BondsNasdaq 100 ETF · QQQ

Sources

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