Global Markets React to Mixed Earnings and Rising Yields
TL;DR Summary
The Dow Jones Industrial Average slipped as Treasury yields spiked. Alibaba (BABA) went on a magic carpet ride while Apple (AAPL) and Microsoft (MSFT) fell. Micron Technology (MU) earnings missed views. A trio of stocks, including Coinbase (COIN), were mixed despite Cathie Wood buying shares. The S&P 500 sectors finished the session mixed, with energy and industrials making the best gains.
- Dow Jones Dips As Alibaba Flies; 3 New Cathie Wood Buys Trade Mixed; Micron Earnings Miss Investor's Business Daily
- Stocks close lower, Nasdaq drops a second day as higher yields press tech names: Live updates CNBC
- Marketmind: U.S. bank deal allays systemic fears Yahoo Finance
- Asia-Pacific shares rise tracking Wall Street's gains overnight as contagion fears from b. Seeking Alpha
- Treasury yields rise to start the week CNBC
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