"Real-time Stock Market Updates: Stay Informed Today"

1 min read
Source: CNBC
"Real-time Stock Market Updates: Stay Informed Today"
Photo: CNBC
TL;DR Summary

Stock futures slipped as the 10-year Treasury yield crossed 5% for the first time since 2007, causing concern among traders. The Dow Jones Industrial Average and S&P 500 futures were down, while Nasdaq 100 futures dropped. SolarEdge shares tumbled after the company lowered its revenue guidance, while Knight-Swift Transportation gained after beating estimates. Federal Reserve Chair Jerome Powell's comments on inflation and economic growth rattled the market. European markets opened at a seven-month low, and China kept its benchmark loan rates unchanged. Japan's headline inflation rate slowed, but remained above the Bank of Japan's target. The 10-year Treasury yield crossing 5% could present opportunities for investors to add duration to their portfolios. Individual investor bullishness remained below average, and several stocks made significant moves after hours.

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