On August 19, Teradyne fell 3.48% in regular trading, trading at $381.025/share, with turnover of $142 million. The decline follows a steep 7.78% drop in the prior session, extending the pullback amid macro headwinds.
On the news front, global long-term bond yields continued to surge, with the U.S. 30-year Treasury yield hitting a 19-year high. Market concerns over increased fiscal spending, rising inflation, and heavy bond issuance are driving up long-term funding costs, putting particular pressure on AI and semiconductor stocks that are highly sensitive to interest rate movements.
The semiconductor equipment sector declined broadly, with Applied Materials down 3.27%, Lam Research down 3.43%, ASML down 1.81%, KLA Corporation down 2.93%, and AXT Inc down 7.63%. The Philadelphia Semiconductor Index fell 4.98% in the prior session, reflecting widespread selling across the chip sector as investors fled high-valuation growth names amid the bond market rout.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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