Shares of companies in the broader technology sector, including Apple Inc. (NASDAQ:AAPL) are trading higher, rebounding after dipping on Monday following a rise in yields.
The rise in bond yields has weighed on growth stocks, which has caused volatility in stock valuations.
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Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services.
Apple's stock was trading about 2.1% higher at $142.11 per share on Tuesday at the time of publication. The stock has a 52-week high of $157.26 and has a 52-week low of $107.32.