The 10-year Treasury yield has pushed to its highest level since 2007 and the 30-year is at a 22-year high. Here's how that flows through stocks, mortgages and savings — and what investors are watching next.
Shares fell more than 7% after the company moved to protect itself from cost overruns on a $165 billion campus.
Crude jumped again Thursday after missile attacks on Saudi Arabia and another round of talks with Iran that produced nothing.
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A month ago, futures markets put the chance of another Federal Reserve increase in October at under 9%.
The stock trades near $225 and about 28 times trailing earnings.
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A safe-haven asset is falling during a shooting war and a stock-market selloff.
The average 30-year fixed mortgage is at its highest level since May 2024, and it is a direct consequence of this week's move in the bond market.
Airbnb, Expedia, Booking and McDonald's all fell sharply this week.
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