Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data. Inflation concerns have weighed on economic outlook and have also raised expectations for further Fed rate hikes. A rise in treasury yields has also weighed on tech and growth stock valuations.
Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data. Inflation concerns have weighed on economic outlook and have also raised expectations for further Fed rate hi
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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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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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