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Need to Know: Tech stocks were just stomped. Here’s what to watch next, according to Goldman Sachs.

Tech stocks just got pounded as bad as the New York Times restaurant review of Eleven Madison Park. (Sample: the beet dish “tastes like Lemon Pledge and smells like a burning joint.”) The 2.8% downturn for the Nasdaq Composite COMP was the largest one-day percentage drop in six months.

The sharp rise in interest rates over the last two weeks appears to be the main culprit. According to Goldman Sachs, the 26 basis points rise in the 10-year Treasury yield since Sept. 14 represented a 1.4 standard deviation event, and the 20…

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