RBC downgrades building product companies, flags 2027 headwinds
RBC downgraded shares of Ferguson Enterprises Inc, Owens Corning, Mohawk Industries Inc, and Builders FirstSource Inc, citing headwinds in 2027 for the building products sector.
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Bitcoin hits one-week low; crypto-linked stocks fall
Bitcoin fell to its lowest level in a week, down 2.2% to $83,710.93, while Ether dropped 4.5% to $2,578.39. U.S.-listed shares of crypto-linked companies also declined in premarket trading, with Coinbase Global down 2.5% and Riot Platforms and MARA Holdings falling around 2% each.