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Wall Street's main indexes ended sharply lower for the week, the technology-focused Nasdaq posted its worst week since 2020, after dropping nearly 7.5% in the holiday-shortened week as government bond yields surged with the benchmark 10-year Treasury yield trading above 1.9% during the week. The Dow Jones Industrial Average slipped roughly 4.6%, while the S&P 500 is down about 5.7% for the week.

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