(Reuters) - U.S. stocks slipped on Wednesday as a rise in benchmark Treasury bond yields rekindled concern that higher interest rates would cut into corporate profits.
Worries about higher interest rates overshadowed news of Home Depot Inc.'s plan for a $22.5 billion share buyback and a report of a stronger-than-expected profit at Morgan Stanley.
Read more at Reuters Africa
Worries about higher interest rates overshadowed news of Home Depot Inc.'s plan for a $22.5 billion share buyback and a report of a stronger-than-expected profit at Morgan Stanley.
Read more at Reuters Africa
No comments:
Post a Comment