US stock market LIVE updates: Nasdaq, S&P open lower amid surging Treasury yields; Oracle shares crash 5%

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US stock market LIVE updates: US stock futures indicate a negative market opening, with the Nasdaq down 1%. Rising Treasury yields, following strong PMI data, heighten expectations for another Federal Reserve rate hike.

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US stock market LIVE updates: Nasdaq, S&P open lower amid surging Treasury yields; Oracle shares crash 5%

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