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Why Cognex (CGNX) Stock Is Falling Today
Stock Story ·
Stock Story reports: What Happened? Shares of machine vision technology company Cognex 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 Reserve's September meeting minutes. CNBC reported that Treasury yields climbed back to multiyear highs, ahead of the Federal Reserve’s September meeting minutes. The 10-year yield was up more than 3 basis points at 5.307% after touching its highest level…