Tech Drops As Treasury Yields Tick Up -- Tech Roundup

Shares of technology companies fell, giving back some of their recent gains, as Treasury yields rose.

Mega cap tech stocks, which hit record highs Tuesday as Treasury yields slipped, have developed an increasingly strong inverse correlation to Treasury yields.

Many investors are adjusting their Shares of cybersecurity company WISeKey International Holding rose, after the company said it would work with CasperLabs on a product in the hot "non-fungible token" niche.

Write to Rob Curran at [e-mail]

(END) Dow Jones Newswires

04-14-21 1709ET