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Shares of Companies in the Broader Tech Space Are Trading Higher as Stocks Rebound Following Friday's Selloff After the UK Reversed Its Proposed Tax Cuts. Also, a Dip in Treasury Yields Is Positively Impacting the Sector. In Addition, Better-than-expected

Benzinga · Oct 17, 2022 15:52

CSCO -0.52% APH +2.32% TEL +0.34% ADP -0.11% INFN -0.20%

Shares of companies in the broader tech space are trading higher as stocks rebound following Friday's selloff after the UK reversed its proposed tax cuts. Also, a dip in Treasury yields is positively impacting the sector. In addition, better-than-expected quarterly results from Bank of America have lifted overall sentiment going into the earnings season.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors. It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. Moomoo makes no representation or warranty as to its adequacy, completeness, accuracy or timeline for any particular purpose of the above content.

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