Benzinga

Why AMD Shares Are Rising

Shares of companies in the broader technology space, including Advanced Micro Devices, Inc. (NASDAQ: AMD) are trading higher amid a drop in yields, which has lifted growth stock valuations. Stocks across sectors have gained as investors weigh US unemployment data and recent corporate earnings. The 10-year Treasury yield hit an intraday low of 1.507% Thursday morning before rising to around the 1.512% level. The 10-year note was volatile in September after the Federal Reserve spoke on winding dow

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