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A tangled market web of Tesla-bitcoin-ARK Investment could spell trouble for investors, warns strategist – MarketWatch

Critical information for the trading day

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Tuesday is shaping up to be a tough one for technology stocks, after a selloff greeted investors to start the week. The Nasdaq Composite
COMP,
-2.46%
up 40% over the past 12 months tumbled 2.5% on Monday over concerns rising bond yields could make those tech stocks look pricey. When so-called risk-free yields are climbing, it is that much tougher to justify equity valuations that seem lofty. Leading techs lower in premarket is electric-car maker Tesla
TSLA,
-8.55%
,
down 6% after a roughly…

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