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- 1
US stock indexes slipped as a rise in Treasury yields weighed on equities, offsetting strength in software shares. Investors are watching bond markets closely, with higher yields raising borrowing costs and pressuring valuations. Traders were rotating between sectors, with software stocks providing the main bright spot during the session.
- 2Ukraine's European Backers Work to Counter War FatigueβUkraineβs Big Backers in Europe Try to Counter War Fatigue
Ukraine's main European backers are working to counter growing war fatigue among their own publics, according to the Wall Street Journal. As the conflict with Russia grinds on, governments that have led support for Kyiv face pressure over continuing military and financial aid, rising energy costs and voter concern, and are trying to keep domestic and political attention fixed on Ukraine's needs.
- 3Big Tech Capex Drives Half of Wall Street's Profit GrowthβBig Tech's Capex Is Half of Wall Street's Profit Growth
Capital spending by major technology companies now accounts for roughly half of Wall Street's profit growth, according to an analysis circulating among investors. The claim highlights how heavily stock market earnings gains depend on enormous outlays by firms like the biggest tech companies on data centers and AI infrastructure, raising questions about whether that spending boom can sustain overall market profits if it slows.
- 4Flooding near Nebraska Medicine Bellevue forces ambulances onto detoursβΌFlooding near Nebraska Medicine in Bellevue blocks main route, forces ambulances through a neighborhood
Flooding near Nebraska Medicine in Bellevue, Nebraska has blocked a main route to the medical facility, forcing ambulances to take detours through a residential neighborhood. Emergency vehicles are being rerouted as water covers the road, raising concerns about response times for patients needing urgent care at the hospital.
- 5US Treasury Yields Hit Multi-Decade Highs, Stocks Slipβπ UPDATE US Treasury Yields Hit 24-Year Highs Amid Inflation and Fiscal Concerns Wall Street main indexes slipped on Thu
A deepening selloff in the US bond market pushed Treasury yields to 24-year highs on Thursday, dragging down Wall Street's main indexes despite gains in software stocks. Investors are weighing persistent inflation against growing concerns over the federal government's fiscal position, with rising borrowing costs fueling anxiety about the outlook for equities and the broader economy.
- 6
A man from Lebanon, Tennessee, has been charged with attempted murder, according to local reporting by Main Street Media of Tennessee. Few further details about the incident, the suspect or any victims have been made public so far. Authorities are expected to release more information as the case moves through the court system.
- 7
Music City STOL, a short takeoff and landing aviation event in the Nashville area, is moving to the Lebanon airport in Tennessee. Local outlet Main Street Media of Tennessee reported the relocation, which gives the growing event a new home and is expected to draw aviation enthusiasts and pilots to the Wilson County airport.
- 8
The Wall Street Journal has published a roundup of the standout works on view at this year's Spring/Break Art Show in New York. The fair, known for its curator-driven exhibitions and affordable prices, runs alongside the city's main art week, and critics are highlighting the pieces they consider the strongest of the edition.