Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.
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Computer Software: Prepackaged Software
Technology
Computer Software: Prepackaged Software
Technology
Shares of companies in the broader technology sector are trading lower following the Fed's rate hike announcement. Higher rates lower the present value of future cash flows, which can pressure the valuations of growth stocks.