10-Year Treasury Yield Climbs to 4.43% as Tesla Drops 3% on $25B Capex Announcement
The 10-year Treasury yield rose to 4.43% on April 23 as Tesla fell over 3% after announcing capital expenditure exceeding $25 billion. The S&P 500 also closed lower amid a US-Iran diplomatic stalemate. Rising discount rates are applying direct pressure on high-growth, capital-intensive technology stocks.
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