HomeMarketsU.S. EconomyYields Climb, Tech Takes a Hit: SNOW Soars on Earnings Beat

Yields Climb, Tech Takes a Hit: SNOW Soars on Earnings Beat

Rising bond yields and concerns over the U.S. budget deficit weighed on investor sentiment ahead of Thursday's open. Kevin Green says yields will eventually get to a level where buyers will step in, and the market will reprice, but right now are showing mixed messages. KG later looks at Snowflake (SNOW) as shares rally behind a strong 1Q earnings report on high demand for its data analytics services and A.I. investments.

Morning Movers

22 May 2025

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