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    -138.00 (-0.63%)
     
  • S&P 500

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  • DOW

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Here's another theory for this week's market skid — the 'buyback blackout'

The rise in yields also makes higher equity valuation multiples less attractive because investors use U.S. government bond yields as their "risk-free" discount rate in financial models to value stock investments. There were multiple reasons for the big market sell-off this week, from rising rates to tariff fears to the lack of corporate stock buybacks.