The Dow is up 144 points midday
| 9/27/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stocks Mixed as Treasury Yields Rise, Tech Plummets | By: Lillian Currens | While the Dow Jones Industrial Average (DJI) is up 144 points this afternoon, the broader market is swimming in red ink, weighed down by plummeting tech shares. Both the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are lower, after the 10-year Treasury yield hit its highest level since June. Investors are eyeing falling Covid-19 cases, with Pfizer (PFE) CEO Albert Bourla predicting a return to normalcy in the U.S. within the year, though vaccines may be necessary on an annual basis. The news is boosting travel and reopening stocks, while bank and energy stocks also charged higher. Continue reading for more on today's market, including: - Analyst downgrade sends Altice stock to annual lows.
- Box stock's impressive rally might not be over just yet.
- Plus, RCAT soars on NASA deal; ASLN drops despite upbeat drug data; and bears target TIGR amid crypto restrictions in China.
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