Stocks fall as bond yields rise, tech stocks down, health insurers up, energy rising.

From Nasdaq: 2025-01-13 12:00:35

Stocks fell today, with the S&P 500 and Nasdaq 100 hitting multi-month lows due to rising bond yields after strong US jobs data. Oil prices surged on Russian sanctions, while Chinese trade data exceeded expectations. Eyes are on upcoming US inflation and retail sales reports, with a 3% chance of a rate cut at the next Fed meeting.

Tech stocks like Nvidia and Tesla are down, while health insurers like Humana and CVS are up on Medicare news. Energy stocks are rising with oil prices, and companies like CF Industries and Lululemon saw gains. Earnings reports include Aehr Test Systems and KB Home. Overseas markets are mostly lower.



Read more at Nasdaq: Stocks Pressured by Rising Bond Yields as Fed Rate Cut Hopes Fade