Good morning. Stocks were mixed on Wednesday as long-dated bond yields stayed elevated.
The 10-year Treasury (^TNX) touched its highest level since November 2023 as oil prices hovered near $95 per barrel, stoking fears of increased inflation and a possible rate hike by Fed officials.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Stocks are off to a mixed start.
Tech stocks (XLK) were little changed despite a lift from Dell Technologies (DELL), which surged 10% on the heels of a standout quarter fueled by record orders in its AI server business.
#good #Tech
The 10-year Treasury (^TNX) touched its highest level since November 2023 as oil prices hovered near $95 per barrel, stoking fears of increased inflation and a possible rate hike by Fed officials.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Stocks are off to a mixed start.
Tech stocks (XLK) were little changed despite a lift from Dell Technologies (DELL), which surged 10% on the heels of a standout quarter fueled by record orders in its AI server business.
#good #Tech
2 months ago
