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Goldman Sachs (NYSE: GS) shares were down about 0.52% to $882.60 at 10:44am EST on Oct. 8 as elevated yields face scrutiny for deal activity and bank funding costs, ahead of its Oct. 13 earnings report.
Wall Street says higher Treasury yields are reducing the valuation investors assign to high-flying tech shares and the broader S&P 500. The article cites falling price-to-earnings multiples even as earnings have remained strong.
CoreWeave, Inc. (NASDAQ: CRWV ) stock is trading lower by about 4% on Wednesday as investors retreat from growth-focused technology stocks amid broader market weakness and rising Treasury yields ahead of the September FOMC minutes. The Nasdaq is down 0.32%, while the S&P 500 has slipped 0.22%. CoreWeave Expands AI Infr
On CNBC’s “ Halftime Report Final Trades,” Kevin Simpson, founder and CEO of Capital Wealth Planning, picked UnitedHealth Group Incorporated (NYSE: UNH ). UnitedHealth Group said it will release its third-quarter financial results on Tuesday, Oct. 13, before the opening bell. Analysts expect the company to report quart