10-Year Treasury Yield Hits 5.21%, Highest Since 2007
The 10-year Treasury yield reached 5.21%, the highest since 2007, pushing mortgage rates to 7.45%. Economists are split on whether growth or fading debt demand drives the surge.
Topic
Stock Market
Topic
Stock Market
Trump's Canadian Alcohol Ban Starts Tuesday — Familiar Brands Dodge It
Trump's ban on Canadian alcohol starts Tuesday, but Labatt, Molson and Fireball will stay on U.S. shelves thanks to bulk shipment…
Micron Faces a Seesaw Ride as Nvidia Chip Timing Shifts Revenue
Susquehanna's Mehdi Hosseini says Micron's November-quarter outlook should please investors, but Nvidia chip timing shifts some r…
Top 1% Gained $1.8 Million Per Household as Bottom Half Got $1,200
Top 1% households added $1.8 million in net worth while the bottom half gained $1,200 — an 8,000-to-1 gap driven by stocks and th…
Buy-and-Hold Is Losing Its Edge as Fewer Stocks Beat the S&P 500
Trivariate Research founder Adam Parker argues buy-and-hold investing is losing its edge as short-dated options and leveraged ETF…
Vistry Cuts Home-Building Ambitions From 20,000 to 12,000 a Year
Vistry has cut its target from 20,000 to 12,000 homes a year, shrugging off the "capital light" partnership model that once doubl…
Barclays Tells Investors to Stay in Stocks as Yields Rise
Barclays strategists advise staying in equities despite rising yields, favoring U.S. technology, media, telecom and industrial st…
Lumentum Soared 10%. Corning Rose 0.4%. The AI Optics Trade Is Splitting.
Lumentum led the S&P 500 with a near-10% jump while Corning added just 0.4%. Investors are now separating component makers from f…
Bond Yields Are Flashing a 1987-Style Warning, Says Ex-Lehman Trader
Former Lehman trader Larry McDonald says bond yields now offer "equity-like returns," echoing the setup that preceded the 1987 Bl…
Costco Stock Faces 3% Swing as Traders Brace for Earnings
Options traders see Costco stock moving up to 3% after Thursday's earnings, with a drop to $873 threatening to erase the retailer…
ImmunityBio Shares Jump 10% on Erdogan Meeting
ImmunityBio (IBRX) closed up 9.94% at $9.29 after Dr. Patrick Soon-Shiong met President Erdogan, fueling hopes for the company's…