While you were sleeping: Boeing rallies, GE sinks

Wed, 25 Apr 2018

By Margreet Dietz April 26 (BusinessDesk) - Wall Street rose as investors parsed the latest corporate earnings such as from Boeing while also assessing the impact of climbing US Treasury yields on the outlook for economic growth. The yield on the 10-year Treasury note rose two basis points to 3.02 percent, a four-year high. It is on track to close above 3 percent for the first time since New Year’s Eve 2013, and for just the second time since 2011, according to Bloomberg. “We’re going to have to continue this back and forth because t...

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