Wall St Week Ahead: Megacap earnings to test fledgling U.S. stock rebound | Economic Times - Jobs World

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Saturday, October 22, 2022

Wall St Week Ahead: Megacap earnings to test fledgling U.S. stock rebound | Economic Times

Wall St Week Ahead: Megacap earnings to test fledgling U.S. stock rebound https://ift.tt/PRYXpgB, soaring U.S. bond yields are pressuring valuations and complicating the picture for tech and other growth stocks, whose expected future earnings are discounted steeply by higher yields. Yields continued to rise this week, with the yield on the benchmark 10-year Treasury note hitting a fresh 14-year high.

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