Stocks are down, bond yields rising, tech stocks slipping, energy stocks up.

From Nasdaq: 2025-01-13 12:45:07

The S&P 500, Dow Jones, and Nasdaq are all showing mixed movements today. Global markets are under pressure due to rising bond yields after a strong US payroll report. Crude oil prices are up, impacting stocks and bonds. Health insurance and energy stocks are performing well. Chinese trade data exceeded expectations, providing some support for global growth.

US Treasury notes are down as yields rise. European government bond yields are also higher. The ECB is expected to continue rate cuts. Megacap tech stocks like Nvidia and Meta Platforms are down. Moderna cuts revenue estimates due to slow vaccine demand. Californian utility stocks are falling.

Several companies are experiencing significant stock movements. iRobot, Abercrombie & Fitch, and Inspire Medical Systems are down. Amer Sports and Macy’s are also facing declines. Health insurers like Humana and CVS Health are up following positive Medicare news. Energy stocks like Valero Energy and Marathon Petroleum are rising due to higher crude oil prices.

US Steel sees a jump after takeover bid reports. CF Industries Holdings and Intra-Cellular Therapies Inc are up. Crown Holdings and Discover Financial Services are also showing gains. Earnings reports are expected from Aehr Test Systems, BARK Inc, Dakota Gold Corp, Immersion Corp, KB Home, and Unity Bancorp Inc on 1/13/2025.



Read more at Nasdaq: Stocks Slide and Bond Yields Rise as Fed Rate Cut Hopes Dwindle