Stock market today: Wall Street wavers ahead of bank earnings and Powell testimony this week
What is the current yield on the 10-year Treasury?
The current yield on the 10-year Treasury is 4.29%, as of the latest data mentioned in the web search content. This is a slight increase from the previous rate of 4.28%. The 10-year Treasury yield is used as a benchmark for the "risk-free" rate when valuing markets or individual securities3.
What caused Corning's stock to surge 10.7%?
Corning's stock surged 10.7% due to the company raising its sales forecast, indicating positive expectations for its financial performance. This move signals an optimistic outlook for the specialty glassware maker, driving investor interest and boosting its stock price.
Why did Boeing agree to plead guilty to criminal fraud?
Boeing agreed to plead guilty to criminal fraud charges stemming from two crashes of 737 Max jetliners that killed 346 people. The U.S. Justice Department determined that Boeing violated an agreement that had protected it from prosecution for over three years. As part of the plea deal, Boeing will pay a $243.6 million fine, invest at least $455 million in its compliance and safety programs, and be subject to an independent compliance monitor for three years.