Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.
Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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Risk Disclaimer
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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