The 10-year Treasury yield pushed through the 3% level, but strategists say there’s another slightly higher level that could be an even bigger test for stocks.
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10-year yield punches through key 3%, but there’s a level that could be even scarier for stocks
World
Serena Williams shares the No.1 value her parents taught her that led to her success
Serena Williams, former professional tennis player and Managing Partner of Serena Ventures, speaks during the New York Times annual DealBook summit at Jazz at Lincoln Center on December 04, 2024 in New York City. Michael M. Santiago | Getty Images Tennis legend Serena Williams shared the most important value her parents imparted that fostered her […]
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Why mega-merger speculation between oil majors Shell and BP is raising eyebrows
British oil giant Shell on Thursday said it has “no intention” of making an offer for its embattled domestic rival BP , further distancing itself from reports of a blockbuster takeover . It comes shortly after the Wall Street Journal reported late Wednesday that Shell was in early-stage talks to acquire BP in a deal […]
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Have defense stocks hit their ceiling? Citi’s downgrade offers clues
European defense stocks have soared this year amid a regional push toward ramping up defense spending – but according to investment bank Citi, the bull run may soon run out of steam. The Stoxx Europe Aerospace and Defense index has gained almost 50% since the beginning of the year, with a handful of stocks, including […]
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