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S&P 500
5,738.17
(
-0.13%
)
US TECH 100
19,436.00
(
-0.73%
)
Dow Jones
42,313.00
(
0.33%
)
Brent Oil
72.01
(
1.49%
)
Bitcoin
65,894.89
(
1.09%
)
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WeTheMarket

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WeTheMarket

Re: None

Thursday, 07/08/2021 8:01:54 AM

Thursday, July 08, 2021 8:01:54 AM

Post# of 58200
This morning drop in stock prices across all markets and in Plug Power is supposedly tied to the sudden and steep drop in rates, for example the 10 year rate dropped below 1.3%. I thought that lower rates were supposed to be good for tech stocks? Can someone please explain to me what's going on.
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