• Stocks stumble into the weekend as the 10-year hits its highest level since 2014

    1 month ago - By Business Insider

    A tech selloff pulled stocks lower Friday, as investors brooded over dampening demand for smartphones. Inflation fears pushed bond yields to a three-year high.
    Here's the scoreboard:
    Dow Jones Industrial Average : 24,451.03 −213.86
    S&P 500 : 2,667.01 −26.12
    Nasdaq: 7,146.13 −91.93
    Technology stocks extended losses on concerns about slowing global demand for smartphones .
    Apple dragged the tech sector lower, shedding more than 4%. That's after Morgan Stanley downgraded the stock, citing weak iPhone demand in China.
    A weeklong oil rally paused after President Donald Trump took a swipe at...
    Read more ...

     

  • Stocks stumble into the weekend as the 10-year hits highest level since 2014

    Stocks stumble into the weekend as the 10-year hits highest level since 2014

    1 month ago - By Business Insider

    A tech selloff pulled stocks lower Friday, as investors brooded over dampening demand for smartphones. Inflation fears pushed bond yields to a three-year high.
    Here's the scoreboard:
    Dow Jones Industrial Average : 24,451.03 −213.86
    S&P 500 : 2,667.01 −26.12
    Technology stocks extended losses on concerns about slowing global demand for smartphones .
    Apple dragged the tech sector lower, shedding more than 4%. That's after Morgan Stanley downgraded the stock, citing weak iPhone demand in China.
    A weeklong oil rally paused after President Donald Trump took a swipe at OPEC. Brent sank more...
    Read more ...