Global Markets Track U.S. Declines

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Specialists on the floor of the New York Stock Exchange on Tuesday.



Photo:

Richard Drew/Associated Press

Global stocks declined, after rising bond yields put pressure on technology stocks and pushed the S&P 500 to its steepest pullback since May.

In Wednesday morning trading in Tokyo, Japan’s Nikkei 225 index dropped 2.6%, while the Kospi Composite in Seoul fell about 2%. Australia’s S&P / ASX 200 dropped 1.5%.

However,…

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