Rising US Treasury yields trigger a sell-off, dragging the NASDAQ, S&P 500, and Dow Jones lower in early trading. US stock indices fell sharply in early trading Friday as Treasury yields surged, reigniting concerns over higher borrowing costs. The NASDAQ Composite dropped
National Storage Affiliates Trust maintains its quarterly payout at $0.375 per share, matching prior periods with a 6.5% forward yield. National Storage Affiliates Trust 6% PFD BEN INT A (NSA.PR.A) announced a $0.375 per share quarterly dividend, unchanged from previous di
April trade deficit exceeds forecasts as oil and gas import prices push India’s energy bill sharply higher. India’s trade deficit expanded to $28.38 billion in April, surpassing analyst expectations amid rising energy import costs. The gap widened by $8 billion from March’
April’s gain marks a rebound from March’s 0.3% decline and exceeds economists’ expectations for a smaller increase. US industrial production increased 0.7% month-over-month in April, reversing a 0.3% contraction in March. The rise surpassed market forecasts, which had anti
SurgePays reports a wider-than-expected Q1 loss but revenue growth outpaces estimates amid improved cash flow. SurgePays posted a Q1 GAAP loss of $0.51 per share, missing estimates by $0.32. The company’s net loss widened despite a 51% year-over-year revenue increase to $1
Rising energy costs and persistent inflation data push benchmark yields toward levels last seen in early 2023. Benchmark U.S. Treasury yields surged Friday, approaching one-year highs as investors priced in sustained inflationary pressures. The 10-year yield rose above 4.3
Rabobank modeling shows a prolonged Strait of Hormuz closure would deplete European oil product buffers, hitting jet fuel and naphtha hardest. A year-long closure of the Strait of Hormuz would exhaust Europe’s oil product inventories, forcing significant demand reductions,
Perma-Fix Environmental Services priced 2.29 million shares to fund operations or growth initiatives. Perma-Fix Environmental Services (PESI) priced a public offering of 2.29 million common shares at $8.75 per share, generating gross proceeds of $20 million. The move aims
April data shows stronger-than-expected industrial activity, with upward revisions to prior month figures lifting growth outlook. US industrial production increased 0.7% in April, surpassing the 0.3% estimate and rebounding from a revised 0.3% decline in March. The gain re
XAG/USD falls 8% to $76.65 as stronger US inflation data fuels expectations of a December Fed rate increase. Silver prices dropped sharply Friday, with XAG/USD sliding nearly 8% to $76.65, its lowest level in over a week. The decline erased earlier weekly gains as hawkish
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