Stocks Slide as Treasury Yields Retreat, Israel-Hamas Conflict Weighs on Shaky Markets
-
US stocks fell during afternoon trading on Friday, with benchmark Treasury yields on the retreat after spiking to 5% following Fed Chair's comments.
-
Investors looking to earnings have yet to find relief, despite strong financial reports.
-
Israel-Hamas war risk still weighs on shaky markets after Israel defense chief hinted at Gaza ground assault.
-
Stocks opened lower as investors focused on rising 10-year Treasury yields over strong corporate earnings.
-
Trending stocks include Enphase Energy, Intuitive Surgical, Regions Financial, Knight-Swift Transportation, American Express.