Shares of several companies in the broader tech sector are trading lower amid a rise in treasury yields. The weakness in the overall market may also be weighing on the sector following Jobless claims for September that came in below estimates, which has added to concerns of further Fed action to curb the tight labor market.
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Shares of several companies in the broader tech sector are trading lower amid a rise in treasury yields. The weakness in the overall market may also be weighing on the sector following Jobless claims for September that came in below estimates, which has added to concerns of further Fed action to curb the tight labor market.