# Nasdaq Falls as Tech Stocks Slide on Yield Worries

**Published:** 2026-05-18T20:10:40.000Z  
**Topic:** Nasdaq Tech Stocks  
**Sentiment:** bearish  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/c5366031-0522-49d7-b141-ffaad297944e

Tech stocks dragged the Nasdaq lower as bond yields climbed and oil prices surged, overshadowing gains in the Dow Jones Industrial Average.

The tech-heavy Nasdaq Composite fell 0.5% to close at 26,090, while the broader S&P 500 slipped 0.07% to 7,403, as rising bond yields and supply concerns weighed on the technology sector [1]. The blue-chip Dow Jones Industrial Average bucked the trend, rising 0.3% to 49,686, while energy stocks outperformed amid a jump in oil prices [1]. Investors reacted to a surge in Treasury yields, which stoked fears that borrowing costs could remain elevated, impacting the valuations of high-growth companies [1, 2].

**Key takeaways**
*   The Nasdaq Composite dropped 0.5% and the S&P 500 fell 0.07%, while the Dow Jones Industrial Average rose 0.3% [1].
*   Tech stocks declined as the 10-year Treasury yield hit its highest level since May 2025 and oil prices settled above $108 per barrel [1, 2].
*   Seagate Technology shares tumbled 6.9% after its CEO warned that increasing chip production capacity would take too long and slow growth rates [1].
*   Nvidia fell 1.3% ahead of its earnings report, though analysts expect the AI chipmaker to exceed estimates [1].
*   Next

## Sources
1. Kiplinger — [Nasdaq Drops as Tech Stocks Slide: Stock Market Today | Kiplinger](https://www.kiplinger.com/investing/stocks/nasdaq-drops-as-tech-stocks-slide-stock-market-today)
2. Economictimes — [US stocks today: Nasdaq falls as technology stocks slide, Treasury yields climb - The Economic Times](https://economictimes.indiatimes.com/markets/us-stocks/news/us-stocks-today-nasdaq-falls-as-technology-stocks-slide-treasury-yields-climb/articleshow/131185648.cms)
3. Economictimes — [Stock Market Crash: Why Stock Market is crashing today? Reasons for Stock Market crash - The Economic Times](https://economictimes.indiatimes.com/markets/stock-market-crash)

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Cite as: TrendWatcher, "Nasdaq Falls as Tech Stocks Slide on Yield Worries", https://www.trendwatcher.in/article/c5366031-0522-49d7-b141-ffaad297944e
