Shares of Cisco fell after the network-equipment provider said it plans to buy cybersecurity firm Splunk for $28 billion.
The highest bond yields in more than a decade prompted another stock-market selloff Thursday, as the possibility of a prolonged higher interest-rate environment sank in across Wall Street.Continue reading your article with
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U.S. stocks fall, Treasury yields rise as Fed signals interest rates will remain higher for longerU.S. stocks pulled back while Treasury yields jumped on Wednesday after the Federal Reserve kept interest rates on hold, while signaling that it planned to...
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Utility Stocks Won’t Be This Cheap for Long—and Their Dividends Still ShineUtilities have been staggered by rising bond yields and interest rates. Now we’re closer to the end of that regime than the beginning.
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