Market News

Stocks Plummet as Bond Yields Continue to Take a Toll: Stock Market News Today

Bond, Continue, Market, News, Plummet, Stock, Stocks, Today, Toll, Yields

“Amidst a tumultuous week of relentless pressure from soaring yields, stocks finally see a glimmer of hope as the market braces for a potential rebound.”



US stocks slipped at the opening bell on Friday, following a sell-off spurred by comments from Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average and the S&P 500 were both down about 0.2%, while the Nasdaq Composite dropped 0.4%. Powell’s remarks indicated that the Fed is committed to its “higher for longer” rates stance, causing gains in Treasury yields. The benchmark 10-year yield briefly rose to 5%, a level not seen since 2007. Despite strong financial reports, earnings have yet to lift the downbeat mood in the market. Additionally, the risk of the Israel-Hamas conflict escalating into a wider Middle East conflict is still weighing on markets. Some stocks leading in morning trading include Enphase Energy, Intuitive Surgical, Regions Financial Corp, and Knight-Swift Transportation. Stock futures were pointing to a lower open as the 10-year Treasury yield pulled back from its spike.

  • Top 10 Best Places to Take Pictures Near Me: Capture Stunning Shots in Your Hometown

    Top 10 Best Places to Take Pictures Near Me: Capture Stunning Shots in Your Hometown

    Are you constantly in search of the perfect backdrop for your next Instagram post or family photo? Look no further than the best places to take pictures near you. From stunning landscapes to urban street art, these locations offer the perfect setting to capture beautiful memories that will last a lifetime. Whether you’re a selfie…

  • Uber Driver Fatally Shot by 81-Year-Old Ohio Man Following Scam Calls: Police

    Uber Driver Fatally Shot by 81-Year-Old Ohio Man Following Scam Calls: Police

    In a tragic incident in Ohio, an Uber driver was shot and killed by an 81-year-old man after both received scam calls, according to police reports. The shocking incident sheds light on the dangers faced by those working in the gig economy and the potential risks associated with such situations. Authorities are investigating the case…

  • 10-Minute Method: How to Actually Get a Real Fever Fast

    10-Minute Method: How to Actually Get a Real Fever Fast

    Are you looking to induce a high fever quickly for a sauna-like experience or to simulate a fever for medical purposes? In this article, we will explore different methods to raise your body temperature in just 10 minutes using simple and safe techniques that anyone can try. Whether you’re looking to sweat out toxins or…

Leave a Comment

Marriott’s European Expansion: 100 New Hotels, 12,000 Rooms by 2026 Snap Analyst Ratings: 12 Experts’ Viewpoints, Price Targets, and Performance Evaluations Dubai Floods and the Postponement of Token2049 Conference What Happens If You File Taxes After April 15? Iran-Israel Conflict Escalates, Threatens to Surge Oil Prices Above $100
Marriott’s European Expansion: 100 New Hotels, 12,000 Rooms by 2026 Snap Analyst Ratings: 12 Experts’ Viewpoints, Price Targets, and Performance Evaluations Dubai Floods and the Postponement of Token2049 Conference What Happens If You File Taxes After April 15? Iran-Israel Conflict Escalates, Threatens to Surge Oil Prices Above $100
Marriott’s European Expansion: 100 New Hotels, 12,000 Rooms by 2026 Snap Analyst Ratings: 12 Experts’ Viewpoints, Price Targets, and Performance Evaluations Dubai Floods and the Postponement of Token2049 Conference What Happens If You File Taxes After April 15? Iran-Israel Conflict Escalates, Threatens to Surge Oil Prices Above $100