Nasdaq futures down as spike in yields pressures tech stocks

  • 📰 Reuters
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Futures tracking the Nasdaq 100 index fell on Tuesday as a rise in U.S. bond yields hit tech-related stocks and investors bought into undervalued banks and industrial shares that stand to benefit from a re-opening economy.

Nasdaq 100 futures slipped 0.6% as Amazon.com, Apple Inc, Netflix Inc and Microsoft Corp dropped between 0.6% and 0.8% premarket, as U.S. 10-year Treasury yields hit a 14-month high.

A rise in yields has particularly hit tech stocks which often have a low-rate environment heavily baked into their high valuations. The three main indexes recouped most of their losses from session lows on Monday as investors took heart from signs that the impact from the fall of a U.S. hedge fund was limited to a handful of stocks and didn’t ripple out to broader markets.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Biden administration and the American dream 🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦🤦

I first had doubts when I registered and invested money in forex trade with marydamron142 but finally I find it real and legit after i was able to withdraw my profit into my bitcoin wallet in just 7 days after my trade expiration. Thank you Ms marydamron142

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Apple, Facebook drive Nasdaq futures higher as earnings roll inNasdaq futures jumped 1% on Thursday after stellar earnings from Apple and Facebook powered a rally in tech stocks, while investors parsed another barrage of quarterly reports ahead of GDP numbers and jobless claims data. Apple Facebook SpaceX Spotify nice
Källa: Reuters - 🏆 2. / 97 Läs mer »