In This Article:
Josh Lipton takes a look at the top stories investors are watching on today's Market Minute.
US 10-year Treasury yields (^TNX) rise to their highest level since February.
Tesla (TSLA) pulls the option to purchase US-made models from its China website.
Fastenal Company (FAST) stock gains after reporting first quarter results.
Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
It's time for your Yahoo Finance's market minute. US stocks whipsaw as investors digest trade war developments between the US and China, as well as falling consumer sentiment. Yields climb capping off one of the most volatile weeks in the bond market, the 10-year treasury yield rising and reaching its highest levels since February. Tesla is updating its model lineup due to tariffs and demand issues. Tesla getting rid of the order button from its China website for the Model S sedan and Model X SUV. The EV maker also revealing a new cheaper trim level for the Cybertruck in the US. And lastly, Fastenal shares rising as the company's first quarter results come in line with expectations and reiterates its 2025 outlook. JP Morgan noting the forward guidance on price and gross margins were supportive for that distributor of industrial and construction supplies. And that's your Yahoo Finance's market minute. For more on what's trending on Yahoo Finance, scan the QR code below.
