Shares of technology companies fell slightly as rising Treasury yields spurred a rotation into more cyclical sectors.
Shares of Cloudera rallied after the maker of software for data processing agreed to a roughly $5.3 billion buyout from investment firms KKR & Co. and Clayton Dubilier & Rice.
The German government said it was considering paying grants of around EUR500, equivalent to $610, per household to support purchasing the hardware required to access satellite broadband and other high-speed wireless Internet services, which could give a lift to Elon Musk's satellite-Internet operation, Starlink.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
06-01-21 1732ET
