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The S&P 500's most richly valued stocks fell hardest as Treasury yields hit a 19-month high
·3 min read
The S&P 500 fell 0.72% on September 1 as the 10-year Treasury yield climbed to 4.79%, its highest since January 2025. The index's 50 priciest stocks by price-to-sales averaged -2.0%; its 50 cheapest averaged +0.23%.
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