Nasdaq plunges over 300 points as oil spikes, yields rise, and Fed fears hit tech

Published on 28 April 2026

Oil topped 100, but it’s the bond yields that

The Nasdaq crashed by more than 300 points after a strong rally the day before, dragging the S&P 500 lower while the Dow held steady. Rising oil above $100 reignited inflation worries, and bond yields climbed near 4.37% ahead of a Federal Reserve meeting. Tech weakness deepened as AI momentum slowed and some major earnings disappointed.

Nasdaq drops over 300 points as tech sells intensify
Oil above $100 revives inflation fears and risk appetite
Bond yields near 4.37% and Fed uncertainty weigh on growth stocks
AI momentum and earnings misses add to the drag

#fed #bond yields #nasdaq #oil prices #us stocks

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Nasdaq plunges over 300 points as oil spikes, yields rise, and Fed fears hit tech

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