Daniel Marsh, Senior Markets Analyst at StockTi — Page 89

Markets Sep 1

FTSE 250 Suffers Steepest Drop Since March as Rate Fears Bite

The FTSE 250 dropped 1.67% on Tuesday, its steepest loss since March, as rising bond yields and weak mortgage approvals intensified rate-hike expectations.

EWU

Markets Sep 1

Equities Retreat as Oil Prices and Treasury Yields Weigh on Market

Wall Street's rebound faded as higher oil prices and rising Treasury yields dragged equities lower. The S&P 500 fell 0.64%, while energy shares advanced.

SPY QQQ DIA AAPL MSFT AMD USO GLD XLE XLK XLF XLV

Economy Sep 1

Top 1-Year CD Yields 4.35% APY, Outpacing National Average by 2.64 Points

Top one-year CD yields 4.35% APY, beating the 1.71% national average by 2.64 points. A $10,000 deposit earns $435 vs $171, highlighting the value of shopping for rates.

SPY

Analysis Sep 1

Sonos Shares Dip 1.5% as Ultra Line Tests Premium Pricing Strategy

Sonos shares slipped 1.5% after unveiling its Ultra lineup, priced 50%+ above standard models, as investors question demand for premium audio gear.

SONO

Markets Sep 1

Apple Rally Trims Nasdaq Loss as Market Breadth Weakens

Apple's 3% gain helped trim the Nasdaq's midday slide to 0.48%, but breadth remains thin as oil and yields pressure markets. Defensive sectors lead.

AAPL NVDA AMD AXON XLP XLV XLU XLI XLY XLK USO GLD

Analysis Sep 1

Novartis Jumps 6% on Remibrutinib Data as Patent Cliff Looms

Novartis ADRs jumped 6% after remibrutinib met Phase III endpoints in multiple sclerosis, easing concerns about patent expirations. Stock hit $161.22.

NVS SNY BIIB

Markets Sep 1

KDP's Chobani Exit Yields $925M to Offset Debt

Keurig Dr Pepper's sale of its Chobani stake and Pennsylvania plant will generate $925 million, surpassing its 2026 note maturities and supporting debt reduction.

KDP

Markets Sep 1

Alumis Stock Craters 59% on Failed Lupus Trial

Alumis shares dropped 59% after its key lupus trial failed to meet primary and secondary endpoints, erasing $1.67 billion in market value.

ALMS

Markets Sep 1

Stocks Trim Losses as Oil Holds Near $88 and Yields Pressurize

U.S. equities trimmed early losses by late morning Tuesday, but the Nasdaq still fell 0.76% as oil near $88 and a 4.77% 10-year yield kept pressure on valuations.