✉news BusinessMarkets first seen 2 h ago, last 45 min ago, peak #6
Meta and Microsoft lift tech stocks despite rising bond yields
Original: Meta and Microsoft led tech stocks higher last week despite soaring bond yields
Meta and Microsoft led a rally in US tech stocks last week, even as bond yields climbed sharply. Rising yields typically pressure growth stocks by raising borrowing costs and making bonds more attractive, so the gains surprised many investors and sparked discussion about the strength of big tech momentum.
Why now: Big tech stocks rising against a headwind of soaring bond yields defies usual market logic, drawing investor attention.
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 45 min ago.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/47132