US stocks slide as strong data sends Treasury yields higher

Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures

Topics

Bitcoin drops below $97,000 as Treasury yields pressure risk assets

Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.
CNBC - 16h
10-year Treasury yield holds near 8-month high as jobs data and Fed minutes loom

U.S. bond yields were little changed early Wednesday, with benchmark yields hovering close to their highest since April last year as inflation concerns linger.
MarketWatch - 4h
Tech stocks got slammed because economic data sparked a jump in bond yields

Data on job openings and service-sector activity sent markets into “good news is bad news” mode on Tuesday.
MarketWatch - 16h
Energy and healthcare stocks defy the market's slide after hot economic data

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
CNBC - 17h
Stocks appear ‘rate sensitive once again’ as bond yields press higher

Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.
MarketWatch - 1d
US homebuilder shares slide on fears of higher rates and Trump tariffs

Threat of rising costs brings post-pandemic rally to a halt
Financial Times - 3d
Surgeon general's warning sends alcohol stocks sliding

Spirit companies saw stock prices plummet Friday after the U.S. surgeon general recommended cancer warning labels, similar to those found on tobacco products, be added to alcohol. Boston Beer ...
The Hill - 4d
Treasury yields end higher after ISM’s stronger-than-expected manufacturing data

Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.
MarketWatch - 4d
10-year Treasury yield ends not far from 7-month high as new trading year begins

Yields on U.S. government debt ended little changed on Thursday, leaving the benchmark 10-year rate near its highest level since late May.
MarketWatch - 5d

More in Business

Private sector companies added 122,000 jobs in December, less than expected, ADP says

Job creation eased more than expected in December while wages grew at the slowest pace in nearly 3½ years.
CNBC - 15m
British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models

BMW-owned Rolls Royce Motor Cars, like other luxury car brands, has seen an uptick in demand for bespoke and complex car models in recent months.
CNBC - 16m
The market’s wobbling. Here are BlackRock’s shields for the biggest risks.

Here are the hedges the $11 trillion asset manager recommends for the concerns weighing on investor minds.
MarketWatch - 17m
Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

Federal Reserve Governor Christopher Waller said Wednesday that he doesn’t think that proposed import tariffs from the incoming Trump administration will lead to upward pressure on inflation.
MarketWatch - 23m
UK special forces had ‘golden pass’ to carry out killings in Afghanistan, inquiry hears

Military operated under ‘code of silence’, according to testimonies from probe into suspected war crimes
Financial Times - 32m

US stocks slide as strong data sends Treasury yields higher

Topics

Related

Bitcoin drops below $97,000 as Treasury yields pressure risk assets

10-year Treasury yield holds near 8-month high as jobs data and Fed minutes loom

Tech stocks got slammed because economic data sparked a jump in bond yields

Energy and healthcare stocks defy the market's slide after hot economic data

Stocks appear ‘rate sensitive once again’ as bond yields press higher

US homebuilder shares slide on fears of higher rates and Trump tariffs

Surgeon general's warning sends alcohol stocks sliding

Treasury yields end higher after ISM’s stronger-than-expected manufacturing data

10-year Treasury yield ends not far from 7-month high as new trading year begins

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More in Business

Private sector companies added 122,000 jobs in December, less than expected, ADP says

British luxury carmaker Rolls-Royce says super rich fueling a demand boom for bespoke models

The market’s wobbling. Here are BlackRock’s shields for the biggest risks.

Fed’s Waller backs more rate cuts, says he doesn’t think proposed Trump tariffs will spark inflation

UK special forces had ‘golden pass’ to carry out killings in Afghanistan, inquiry hears