50 Mins Ago
Treasury yields rise as investors await key inflation data
U.S. Treasury yields were higher on Wednesday as investors awaited the release of the latest consumer price index, which could provide hints about the outlook for Federal Reserve interest rate policy.
At 4:05 a.m. ET, the yield on the 10-year Treasury was up by over three basis points to 4.3001%. The 2-year Treasury yield was last at 5.0263% after rising by more than two basis points.
Yields and prices move in opposite directions and one basis point equals 0.01%.
Treasurys
| TICKER | COMPANY | YIELD | CHANGE | %CHANGE |
|---|---|---|---|---|
| US1M | U.S. 1 Month Treasury | 5.406% | +0.022 | 0.00% |
| US3M | U.S. 3 Month Treasury | 5.477% | UNCH | UNCH |
| US6M | U.S. 6 Month Treasury | 5.537% | -0.002 | 0.00% |
| US1Y | U.S. 1 Year Treasury | 5.459% | +0.038 | 0.00% |
| US2Y | U.S. 2 Year Treasury | 5.026% | +0.021 | 0.00% |
| US10Y | U.S. 10 Year Treasury | 4.304% | +0.04 | 0.00% |
| US30Y | U.S. 30 Year Treasury | 4.382% | +0.036 | 0.00% |
10 Hours Ago
Moderna shares gain more than 1%
Shares of Moderna rose 1.2% during afterhours trading Tuesday.
The gains came on the back of the Centers for Disease Control and Prevention’s recommendation for all Americans ages six months and older receive updated Covid vaccines from Moderna and Pfizer.
Pfizer ticked up 0.2% Tuesday evening.
— Hakyung Kim
10 Hours Ago
Divergence seen among mega-cap tech stocks
Not all the big tech companies are trading the same, according to Bespoke Investment.
Nvidia and Apple are both down more than 7% over the last week and are trading below their 50-day moving averages. Meanwhile, Alphabet, Amazon and Tesla are more higher than their 50-day moving averages by more than 4%, the firm noted.
— Hakyung Kim
10 Hours Ago
Stock futures open flat
U.S. stock futures opened little-changed Tuesday evening.
Futures tied to the Dow Jones Industrial Average and S&P 500 traded near the flatline.
Meanwhile, Nasdaq 100 futures rose less than 0.1%.
— Hakyung Kim