10-Year Yield Tops 5%, Oil Storms Past $105: Stock Market Today
The 10-year Treasury yield broke 5% for the first time since 2007 as WTI surged past $105 on Saudi pipeline outages, pressuring stocks ahead of the Fed.
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Thermo Fisher Scientific after a company executive said at an industry conference that orders are outpacing revenue, which in its view bodes well for future growth.
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