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US STOCKS-Tech-heavy Nasdaq comes under pressure as yields rise

    Wall Street had a lackluster start on Wednesday, with the tech-laden Nasdaq bearing the brunt as U.S. Treasury yields rose, while investors awaited more data for clues on the timing of the Federal Reserve's interest-rate cuts. Among others, Tesla shed 1.9% after brokerage Wells Fargo downgraded the electric-vehicle maker to "underweight" from "equal weight".

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