Stocks extend declines, 10-year Treasury holds below 5%: AlphaCheck
Tech stocks wobbled on Friday as the overall market declined.
Good morning. Stocks declined on Friday , extending the prior session's tech-heavy losses.
Yields on the 10-year Treasury held near 4.97% after their biggest one-day drop since 2023.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data .
The Tech (XLK ) sector fell slightly after shares of chipmakers Nvidia ( NVDA ) and AMD ( AMD ) stabilized. Memory makers Micron ( MU ) and SK Hynix ( SKHY ) both rebounded.
Moderna ( MRNA ) sank another 6%, extending declines from the prior session following the lead data of the company's melanoma vaccine trial.
Brent crude oil futures ( BZ=F ) held near $110 per barrel, while WTI ( CL=F ) traded near $101 as traders priced in the possibility of escalating fighting in the Middle East.
Here are some other notable stocks that Yahoo Finance readers are viewing this morning: American Express ( AXP ), Western Digital ( WDC ), and Bloom Energy ( PG ).
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