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Effects of Increased Spending on Markets

Technology stocks are particularly sensitive to profitability gains as their value relies heavily on future earnings, which diminish as interest rates rise and the shift to energy, financial and other equities to benefit from the economic reopening has accelerated, while rapidly rising government bond yields are putting pressure on tech stocks that have led the market growth for years. With the increased budget spending by the United States of America and the Great Britain, what can you expect in the next weeks stock markets?

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