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Shares of Several Companies in the Broader Tech Sector Are Trading Lower Amid a Rise in Treasury Yields as the Pound and Euro Fall Against the US Dollar. Rising Rates Decrease the Present Value of Future Cash Flows, Which Negatively Impacts Growth Stock V

Benzinga ·  Sep 26, 2022 13:24
Shares of several companies in the broader tech sector are trading lower amid a rise in treasury yields as the pound and euro fall against the US dollar. Rising rates decrease the present value of future cash flows, which negatively impacts growth stock valuations.
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