Bitcoin Tops $80,000, S&P 500 Slips as Yields Reclaim 5%: Stock Market Today
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
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JP Morgan Maintains Neutral on Steel Dynamics, Lowers Price Target to $272
JP Morgan analyst Bennett Moore maintains Steel Dynamics (NASDAQ:STLD) with a Neutral and lowers the price target from $273 to $272.
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Steel Dynamics shares are trading lower after the company issued Q3 EPS guidance below estimates.
Reported earlier, Steel Dynamics Sees Q3 GAAP EPS $5.34-$5.38 vs $5.66 Est
Steel Dynamics (NASDAQ:STLD) is looking for Q3 GAAP EPS of $5.34-$5.38 vs $5.66 analyst estimate..