Stocks fell at the open Tuesday as the 10-year Treasury yield spiked following retail sales data and bank earnings, raising concerns over more rate hikes. Investors are also keeping an eye on tensions in the Middle East and its potential effect on global markets.
Share:
More In Business
Using A.I. to Improve Homebuying
Shubha Dasgupta, CEO of Pineapple Financial, discusses incorporating artificial intelligence with its newly announced ‘Maui’ tool, plus plans for expansion.
How to Get Accepted to UPenn’s New A.I. Degree
Chair of Penn Engineering’s Department of Computer and Information Science Zachary Ives shares how the department is building its artificial intelligence degree program.
‘Is This the Beginning of the End’ of Market Highs?
Frances Stacy, Optimal Capital Director of Strategy, breaks down why the latest data indicates the economy may be struggling more than expected, plus some sectors she’s watching.
Dow Jones: Amazon Is In, Walgreens Is Out
Amazon joined the 29 other companies making up the Dow Jones Industrial Average. What does this mean for the stock market?
US Attempts to Block Merger of Grocery Giants Kroger and Albertsons, Fears Spike in Prices
The Federal Trade Commission is suing to block a proposed merger between the two grocery stores. The FTC says the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans.
Trump Appeals $454M Fraud Ruling
Donald Trump has appealed his New York civil fraud judgment, challenging a judge’s finding that he lied about his wealth.
Don’t Have Nvidia Stock? Look at These Companies Instead
Terecircuits CEO Wayne Rickard explains some of the other companies set to benefit from the Nvidia-led chipmaking rally, including manufacturing and toolmaking companies.
Nikki Haley Loses South Carolina Primary
Axios reporter Erin Doherty breaks down the results from the South Carolina primary as former President Trump gets closer to winning the GOP nomination.
Reddit’s IPO Is a ‘Step in the Right Direction’
Jay Woods of Freedom Capital Markets shares thoughts on how the latest inflation report will impact the market, and why he expects a ‘cascade’ of IPOs if Reddit’s public debut goes well.
