S&P 500, Nasdaq Slip as $98 Brent Reignites Inflation Fears: Stock Market Today
Crude near $98 pushes the 10-year Treasury yield above 4.8% for the first time since 2023, hammering the Dow as traders price a Fed rate hike next week.
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Citigroup Initiates Coverage On UiPath with Buy Rating, Announces Price Target of $23
Citigroup analyst Yitchuin Wong initiates coverage on UiPath (NYSE:PATH) with a Buy rating and announces Price Target of $23.
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UiPath shares are trading lower after the company reported Q2 financial results. The stock initially rallied yesterday after the market closed, but it has since reversed.