U.S. Stocks Open Lower on Tuesday, Nasdaq Falls over 1%, pressured by a rise in Treasury yields amid concerns of persistent inflation and elevated oil prices. A pullback in semiconductor stocks also weighed on the broader market.
SK Hynix Drops More Than 5%, SanDisk Slides over 4%.
XOS Inc. Surges More Than 120% as it wins first U.S. Air Force contract for deployable mobile charging prototype.
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