Market News / Story
SiteOne, Core & Main, EMCOR, Builders FirstSource, and EnerSys Shares Are Falling, What You Need To Know
Stock Story ·
Stock Story reports: What Happened? A number of stocks fell in the afternoon session after rising Treasury yields and climbing oil prices dampened investor sentiment ahead of the release of the Federal Reserve's September meeting minutes, as reported by AP News. Yields on benchmark U.S. government debt pushed higher, with the 10-year Treasury yield reaching 5.33% and the 30-year yield advancing to 5.71%. Elevated bond yields increase borrowing costs throughout the economy and reduce the…