share_log

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

Benzinga ·  Jun 10, 2022 22:20
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.
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.
    Write a comment