Stocks Fall as Treasury Yields Hit Multi-Year Highs Ahead of Fed — US Market Wrap
Stocks Fall as Treasury Yields Hit Multi-Year Highs Ahead of Fed — US Market Wrap
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U.S. stocks slide as oil tops $100 and yields hit highs
U.S. equities fell at midday Wednesday as Brent crude topped $100 a barrel and the 10-year Treasury yield climbed to a three-year high, reviving inflation and rate-hike concerns. Energy was the only S&P 500 sector in positive territory.
VersaBank says Q3 saw record credit assets, revenue and net interest income
VersaBank reported record Q3 credit assets, revenue and net interest income, with net income up 53% year over year and adjusted net income up 27%, driven mainly by its U.S. Structured Receivable Program.
Lucid shares fall as macro selloff hits growth stocks
Lucid Group shares are lower Monday as a broad selloff in growth equities, elevated Treasury yields and tariff worries weigh on the automaker despite recent operational updates.