Shares of software stocks are trading higher as stocks rebound after falling earlier due to a rise in Treasury yields following September jobs data. Yields have pulled back from earlier highs.
Portfolio Pulse from Benzinga Newsdesk
Software stocks are trading higher as the market rebounds from a fall caused by a rise in Treasury yields following September jobs data. The yields have since pulled back from their earlier highs.
October 06, 2023 | 4:17 pm
News sentiment analysis
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POSITIVE IMPACT
BILL's stock is likely trading higher due to the market rebound.
As a software stock, BILL is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CRM's stock is likely trading higher due to the market rebound.
As a software stock, CRM is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CRWD's stock is likely trading higher due to the market rebound.
As a software stock, CRWD is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
CYBR's stock is likely trading higher due to the market rebound.
As a software stock, CYBR is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
DDOG's stock is likely trading higher due to the market rebound.
As a software stock, DDOG is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
FTNT's stock is likely trading higher due to the market rebound.
As a software stock, FTNT is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
HUBS's stock is likely trading higher due to the market rebound.
As a software stock, HUBS is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
INTU's stock is likely trading higher due to the market rebound.
As a software stock, INTU is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
MDB's stock is likely trading higher due to the market rebound.
As a software stock, MDB is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
NET's stock is likely trading higher due to the market rebound.
As a software stock, NET is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
NOW's stock is likely trading higher due to the market rebound.
As a software stock, NOW is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
OKTA's stock is likely trading higher due to the market rebound.
As a software stock, OKTA is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
PANW's stock is likely trading higher due to the market rebound.
As a software stock, PANW is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
PLTR's stock is likely trading higher due to the market rebound.
As a software stock, PLTR is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
SNOW's stock is likely trading higher due to the market rebound.
As a software stock, SNOW is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
SNPS's stock is likely trading higher due to the market rebound.
As a software stock, SNPS is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
TEAM's stock is likely trading higher due to the market rebound.
As a software stock, TEAM is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
U's stock is likely trading higher due to the market rebound.
As a software stock, U is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
WDAY's stock is likely trading higher due to the market rebound.
As a software stock, WDAY is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
ZS's stock is likely trading higher due to the market rebound.
As a software stock, ZS is likely benefiting from the overall market rebound.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 50