Rising Treasury Yields Pressure Stocks

Nasdaq falls 1.5% as yields rise Wall Street retreated on Friday as investors reacted to rising U.S. Treasury yields. The technology-heavy Nasdaq Composite led declines, falling 1.5%. The benchmark S&P 500 also declined, amid renewed pressure on technology stocks

US10Y Yield Nears 4.6%

US10Y yield tests descending resistance near 4.6% The U.S. 10-year Treasury yield is approaching a critical technical threshold. The yield is testing descending resistance near 4.6%, the highest mark in nearly a year, as inflation worries mount. This develo

SpaceX Plans Nasdaq Listing

SpaceX to list on Nasdaq as soon as June 11 SpaceX is expected to schedule its initial public offering for as soon as June 11. The company has chosen Nasdaq for its listing. Elon Musk's rocket and satellite maker could file its IPO prospectus soon.

Hyliion Holdings Sees Stock Surge

Hyliion Holdings stock rises 80% since earnings report Hyliion Holdings Corp. (HYLN) saw its stock jump 23.9% on Friday, extending its rally to over 80% since the company's first-quarter earnings report. The earnings conference call highlighted a significant increase