10-year yield drags on stocks, Chevron buys Hess in massive deal: Yahoo Finance Live
The 10-year Treasury yield is dragging on stocks after climbing above 5% again. The move comes after recent comments from Fed Chair Powell and ahead of a huge week of big tech earnings. Top names including Microsoft (MSFT), Alphabet (GOOGL), Amazon (AMZN), and Meta (META) are all set to report this week. In the energy sector, Chevron (CVX) has agreed to a massive deal to buy rival Hess (HES) in an all-stock deal. Yahoo Finance trending tickers include: Palantir (PLTR), Okta (OKTA), and Pinterest (PINS).
Top guests today include:
9 a.m. ET - Brad McMillan Commonwealth Financial Network Chief Investment Officer
10 a.m. ET - Doug Clinton, Loup Ventures Managing Director
10:15 a.m. ET - Adam Davis, Wells Fargo Commercial Capital Managing Director
11:30 a.m. ET - Mike Koenig, Studio Shed Co-Founder & President