Stocks Fall, Yields Rise as Bond Selloff Continues; Tech Earnings, M&A in Focus
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U.S. 10-year Treasury yields surpass 5% for first time since 2007 as bond selloff continues.
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Dollar remains bid, testing 150 yen level that Bank of Japan may defend through intervention.
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China stocks fall to lowest since 2018 amid property woes, capital outflows accelerate.
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Tech earnings in focus this week with Microsoft, Alphabet, Meta and Amazon reporting.
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Chevron to acquire Hess in $53 billion all-stock deal, weeks after Exxon's bid for Pioneer.