Tech and internet stocks came up for air on Monday afternoon amid a recent sell-off in high growth stocks. The declines came amid a rising 10-year treasury yield (^TNX).
Microsoft (MSFT) ended the session flat after being down earlier this morning. The stock is down more than 6% over the last five session.
Amazon ended .66% lower, recuperating much of the earlier morning losses. The stock had declined more than 3% on Monday, reaching intraday levels it hasn’t seen since May.
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