Shares of several companies in the broader tech sector are trading lower amid a rise in treasury yields as traders continue to assess Wednesday's Fed commentary and 75 bps rate hike. Rising rates decrease the present value of future cash flows, which negatively impacts growth stock valuations.
Shares of Several Companies in the Broader Tech Sector Are Trading Lower Amid a Rise in Treasury Yields as Traders Continue to Assess Wednesday's Fed Commentary and 75 Bps Rate Hike. Rising Rates Decrease the Present Value of Future Cash Flows, Which Nega
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.