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U.S. stocks slid at midday Wednesday as the 10-year Treasury yield surged to its highest level since 2007, after blowout September PMI data cemented bets for another Federal Reserve rate hike and sent traders scrambling out of richly valued growth names. The yield on the 10-year Treasury note jumped 12 basis points to
Major US stock indexes advanced on Monday, buoyed by gains in AI firms. Treasury yields retreated from recent highs and oil prices fell more than 3% amid prospects of Middle East talks.
US stock futures pointed higher on Monday, with the Dow up 0.84%, the S&P 500 up 0.67% and the Nasdaq 100 up 1.05%. AI-related shares rose in premarket trading while crude fell more than 2% to an 11-day low.
Stocks turned lower on Friday after an early push higher, with major indexes down as Treasury yields rebounded, partly offsetting prior-session gains.
World stocks paused a recent slide and rebounded after two straight sessions of lower oil prices and a breather in the global bond rout following the prior day’s Fed rate hike.
U.S. stocks rebounded sharply as crude oil fell from its geopolitical spike and Treasury yields eased below 5%. The Nasdaq 100 led gains, while the Dow lagged and the VIX cooled.
Bitcoin briefly tops $80,000 while crude oil falls after President Donald Trump says the U.S. Navy removed “all mines” from the Strait of Hormuz.
Upstart Holdings shares trade lower Thursday as rising long-term Treasury yields pressure the rate-sensitive fintech, while recent insider sale filings add secondary headline noise.
Cerebras Systems Inc. (NASDAQ: CBRS) shares are trading lower Tuesday as chip stocks weaken broadly, with rising oil prices and bond yields stoking inflation worries.
U.S. equities drifted either side of the flatline by midday Tuesday, with the S&P 500 hovering just below the record high it tested at Monday’s close, as diplomatic signals out of the Persian Gulf took the heat out of crude’s rebound and pulled Treasury yields back from multi-decade highs. President Donald Trump harden
U.S. stocks fell for a second straight session on Wednesday as surging energy prices rekindled inflation fears and pushed Treasury yields higher, with equities sliding after President Donald Trump declared the June ceasefire with Iran “over.” The move followed a fresh U.S. strike on Iran and reports that Tehran had tar