US stocks ended Friday's trading session in the red, as the benchmark 10-year Treasury yields hovered just below 5%), are under pressure Friday afternoon as SolarEdge slashed its guidance and warned of softening demand in Europe. Truist Equity Research Analyst Jordan Levy joins Yahoo Finance Live to discuss what is impacting solar demand in the United States and Europe.
Levy explains three things that are hitting U.S. demand."The real impacts to the U.S. are by and large rates are the most important thing hitting demand," as well as California's net metering policy change and"this kind of abnormal year where energy, utility prices have sort of stabilized or even come down in some instances.
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