• Stocks rise as steady bond yields help lift tech companies

    3 days ago - By Chron

    NEW YORK - Stocks were moderately higher in late morning trading Thursday, helped again by large technology stocks that have benefitted from steady bond yields.
    The easing of bond yields took some pressure off the technology sector. Technology companies have been slipping over the last few months as yields jumped and made the shares look pricey. The sector has also seen choppy trading as investors shift more money into companies that stand to benefit from the economic recovery.
    The S&P 500 index was up 0.3% as of 11:42 a.m. Eastern. The gains by big technology stocks were tempered by a...
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  • With The 10-Year Yield Under 1.7%, Investors Return Focus To Big Tech-Related Stocks

    3 days ago - By Forbes

    This morning, FAANG stocks are in favor as investors turn to the trusted names while the yield on the 10-year Treasury is under 1.7%.
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