Bessent's Bond Rescue Fizzles, Walmart Craters 9%: Stock Market Today
Long-end Treasury yields snapped back toward 20-month highs; Walmart posted its worst session in four years.
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CNH Industrial shares are trading higher amid sympathy with Deere after that company reported better-than-expected Q2 financial results.
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Evercore ISI Group Maintains In-Line on CNH Industrial, Raises Price Target to $12.5
Evercore ISI Group analyst David Raso maintains CNH Industrial (NYSE:CNH) with a In-Line and raises the price target from $12.25 to $12.5.
Read original at benzingaShares of machinery-related companies are trading higher in sympathy with Caterpillar after the company reported strong second-quarter financial results. Declining oil prices have also helped ease inflation concerns, with lower financing costs potentially supporting capital investment and demand for heavy equipment and other large industrial purchases.
Read original at benzinga