Tyson Foods fell 4.6% on the back of a weaker-than-expected earnings report. Monday marked the start of another week packed with earnings. ![]() And I think that's driving most of the moves." "The move in the 2-year over two days is incredible. by the huge increase in yields for a second straight day," said George Cipolloni, portfolio manager at Penn Mutual Asset Management. "Most stock market participants are a little shook. Retail stocks Target and Nike also ended the session down, while defensives such as Merck and Coca-Cola advanced. ![]() Dollar Index rose as much as 0.76% Monday, further contributing to the decline in stocks.Īpple shed 1.8%, pressuring the Dow as concerns over higher rates weighed on some tech stocks. Treasury bond yields rose, with the benchmark 10-year yield up by nearly 11 basis points at 3.64% and the 2-year yield adding around 18 basis points to 4.48%. The S&P 500 is up more than 7% for 2023, while the Nasdaq Composite has advanced for the last five weeks, a streak not seen since November 2021. Investors were taking some profits after the stock market's hot start to the year. Personal Loans for 670 Credit Score or Lower Personal Loans for 580 Credit Score or Lower ![]() Best Debt Consolidation Loans for Bad Credit
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