🔴 Applied Materials is trading 3.6% down today as rising bond yields pressure semiconductor stocks

Applied Materials is trading 3.6% down at $441.88, primarily as semiconductor stocks fall amid a global bond selloff pushing long-term yields higher.

• The decline extends the 4.97% drop recorded on August 31, 2026.
• No fresh company-specific announcement or earnings catalyst was identified for September 1, 2026.
• Japan’s 10-year yield reached 3% amid inflation and fiscal concerns, while higher oil prices reinforced risk-off sentiment and pressured richly valued growth shares.