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📊 Midday Market Update: Tech Rotation Defies Yield Pullback; Micron Crosses $1T, and Paramount's $110B Mega-Merger nears Approval It is Wednesday noon, May 27, 2026. Wall Street is showing a mixed performance as a welcome retreat in Treasury yields provides a structural cushion for growth assets. The 10-year Treasury yield has backed away from its recent 4.5% peak, tracking down alongside a sharp decline in energy markets. Investors are breathing a sigh of relief as cooling crude prices—with Brent breaking back below $100 a barrel—signal that diplomatic frameworks in the Middle East are beginning to deflate global inflation concerns.

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