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Tech Down Amid Treasury Yield Concerns -- Tech Roundup

06/03/2021 | 05:16pm EDT

Shares of technology companies fell as traders rotated into sectors less vulnerable to rising Treasury yields.

Higher Treasury yields are seen as shifting risk calculations for stock-portfolio management, and recent yield increases have often spurred selling of growth sectors such as technology.

Apple is telling office staff to prepare to return to the workplace at least most of the time, joining the growing pool of companies adopting hybrid work.

Motorola Solutions plans to spend more on developing body cameras and other video-security tools as it seeks to bulk up its presence in the sector.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

06-03-21 1715ET

Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 1.26% 147.36 Delayed Quote.11.06%
DJ INDUSTRIAL 0.80% 35116.4 Delayed Quote.14.14%
MOTOROLA SOLUTIONS, INC. 0.47% 224.99 Delayed Quote.31.68%
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