US stock market: S&P 500, Nasdaq end sharply lower as Alphabet disappoints, Treasury yields bounce

October 26, 2023

The benchmark S&P 500 index notched its fifth daily decline in six to close below the closely watched 4,200 level. The Nasdaq Composite slumped to its biggest single-session percentage drop since Feb. 21, with interest rate sensitive megacaps weighing heavily the tech-laden index.

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