Stock market today: Wall Street is mostly flat as bond yields continue to climb

The S&P 500 was flat early Thursday following a mixed set of profit reports and forecasts from Tesla and other influential stocks. The Dow was 9 points higher, and the Nasdaq composite was up 0.1%. In the bond market, the yield on the 10-year Treasury hit its highest level since 2007 before paring back. Oil prices gave back a chunk of their jump from a day before, which was launched by worries about war in the Middle East.Wall Street edged lower early Thursday as after big U.S.

AT&T shares jumped 4.7% after the telecom beat Wall Street’s third-quarter expectations and raised its guidance for the year.Worries about war in the Middle East are also dragging on markets. Early Thursday, U.S. benchmark crude oil fell 72 cents at $86.55 per barrel in electronic trading on the New York Mercantile Exchange. It had surged $1.83 on Wednesday to $87.27 per barrel.

Tesla's share price fell 7.2% in afterhours trading after it reported Wednesday that its net income slumped in the third quarter, as price reductions helped drive strong sales growth but ate into the automaker’s profit margins.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street drifts after a strong retail sales reportNEW YORK (AP) — Wall Street drifted following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street slips in early trading and crude oil prices riseNEW YORK (AP) — Wall Street is dipping in early trading following a mixed set of profit reports from big U.S. companies. Worries about war in the Middle East are also dragging on the market. The S&P 500 was 0.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Wall Street drops following profit reports, and oil prices jump on war worriesNEW YORK (AP) — Wall Street dropped after big U.S. companies delivered a mixed set of profit reports and rising Treasury yields tightened the vise further on the stock market. Worries about war in the Middle East also dragged on the market Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »

Stock market today: Asian shares follow Wall Street lower, and Japan reports September exports roseBANGKOK (AP) — Shares tumbled in Asia on Thursday following a retreat on Wall Street after big U.S. companies delivered mixed profit reports and Treasury...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »