US stocks slide as strong data sends Treasury yields higher

• 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 - 17h

• 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 - 5h

• 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 - 17h

• 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 - 18h

• 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 - 4d
• 

  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 from Financial Times

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  UK 10-year borrowing costs hit highest level since 2008

  Sterling falls sharply as government bond sell-off threatens Labour’s ability to meet budget rules
  
  Financial Times - 2h
• 

  How a handful of X accounts took Elon Musk ‘down the rabbit hole’ on UK politics

  Tech billionaire’s posts about grooming gangs scandal have elevated issue
  
  Financial Times - 1h
• 

  Pity the middle-sized nations of the world

  Small countries have the best outcomes, while the few giants shape the globe
  
  Financial Times - 2h
• 

  Car companies have an infuriating software problem

  Managing smooth updates is becoming ever more important with the spread of EVs and more sophisticated systems
  
  Financial Times - 9h
• 

  US jobless claims fall to 1-year low

  Financial Times - 8h

More in Business

• Trump could declare national economic emergency to justify universal tariffs, CNN reports

  The president-elect is looking at utilizing the International Economic Emergency Powers Act to implement his plan for tariffs on imports.
  
  CNBC - 4m

• Quantum stocks like Rigetti plunge after Nvidia's Huang says the computers are 15 to 30 years away

  Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are likely decades in the future.
  
  CNBC - 10m
• 

  The U.S. Economy Is Stuck in a Showdown Between Trump and the Federal Reserve

  The president-elect wants lower interest rates but Jerome Powell sees them staying higher for longer.
  
  Inc. - 12m

• ‘I’ve never been happier’: I married a wonderful lady from Ukraine. I have two successful kids. Do I put my wife on the deed to my home?

  “We are now looking to downsize and move to another home and I’m wondering if we should put the new property in joint names.”
  
  MarketWatch - 13m

• Apple's inaccurate AI news alerts shows the tech has a growing misinformation problem

  An artificial intelligence feature on iPhones is generating fake news alerts, stoking concerns about the technology's ability to spread misinformation.
  
  CNBC - 17m