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via finance.yahoo.comMarkets

Cognex falls 7.5% as Treasury yields rise and oil prices climb

FROM THE WIRE · FINANCE.YAHOO.COM

Why Cognex (CGNX) Stock Is Falling Today What Happened? Shares of machine vision technology company Cognex (NASDAQ:CGNX) fell 7.5% in the afternoon session after rising Treasury yields and climbing oil prices dampened investor sentiment ahead of the release of the Federal…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRising Treasury yields and oil prices weighed on sentiment ahead of Fed September meeting minutes.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cognex shares fell 7.5% after Treasury yields climbed to multiyear highs.
  2. 02The 10-year yield rose to 5.307%, the highest since 2002, while the 30-year touched 5.684%.
  3. 03U.S. crude oil prices are up 20%, fueling inflation concerns ahead of Fed meeting minutes.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Cognex CorporationCGNXStock61.21 USDMarket closedtoday -7.75%Negative Crude Oil WTICOMMODITY:WTICommodity89.04 USD+0.08%today -0.45%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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