Industry Newsmarket correctiontreasury yieldsenergy marketsgeopolitics
Markets Enter Correction Amid Rising Yields
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5.1
U.S. equity markets fell sharply on Friday, March 27, 2026, as escalating U.S.-Iran tensions and rising Treasury yields forced a rotation from growth stocks into energy and safe havens. The Nasdaq dropped 2.38% to 21,408.08 and the S&P 500 fell 1.74% to 6,477.16; the VIX rose to 28.64, crude climbed to $96.02, and the 30-year yield hit 4.936%.
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