Technology stocks are holding steady after taking a knock earlier this week.
Futures for the tech-heavy Nasdaq Composite slipped 0.1% in early trading, following a 1.7% gain in the previous session. The index dropped on Wednesday, when hot inflation data lowered the chances of Federal Reserve interest-rate cuts coming soon. Lower interest rates tend to boost tech stocks, and the prospect of rates staying higher tends to hurt them.
Here’s… An Amazon executive said it’s not true that robots steal humans’ jobs. Dreamstime Technology stocks are holding steady after taking a knock earlier this week.Futures for the tech-heavy Nasdaq Composite slipped […]
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