US Stock Market Mixed on Rising Treasury Yields, Alibaba and Lyft Stocks Surge
US stock market saw a mixed trend as Treasury yields rose, impacting tech and growth stocks. Alibaba and Lyft stocks surged while gold and oil had mixed performance.
US stock market saw a mixed trend as Treasury yields rose, impacting tech and growth stocks. Alibaba and Lyft stocks surged while gold and oil had mixed performance.
The market is attempting to balance the potential decrease in demand and the supply shortages caused by the Russia-Ukraine conflict.