Wall Street Falls on Treasuries Rally, Focus on Activision and Goldman Sachs By Investing.com

Wall Street Falls on Treasuries Rally, Focus on Activision and Goldman Sachs By Investing.com
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By Alessandro Albano

Investing.com – Rise in Bond rates In the United States, it has negative repercussions on (-1.5%) and the main Wall Street indices, as they fell by -1.4% and -1.2%, respectively. The cuts are also for the index of small companies.

Fears of inflation and the new Attitude The Federal Reserve pushed Treasury yields to their highest in more than two years, supporting… According to several derivative contracts (primarily futures), with the Federal Reserve meeting next week, there are 4 potential price increases during 2022,

The rise in stock A is particularly worrying at two years old, highly sensitive to interest rate expectations, is now at 1.01% for the first time since February 2020, the month that panic erupted in financial markets due to the impending Covid crisis. the Decade It moved above 1.83% with an intraday peak at 1.86%, up 30 basis points since the beginning of the year.

Among the shares, Activision (NASDAQ:) jumped 30% after the acquisition by Microsoft (NASDAQ:) for $68.7 billion in cash, which values ​​the game giant’s stake at $95, a premium of more than 45%. Last Friday’s closing price was $65.39.

Goldman Sachs (NYSE:) follows post-account declines from colleagues like JPMorgan (NYSE:) and tumbled 8.2% after fourth-quarter earnings plunged on weak trading activity. Despite strong M&A activity throughout 2021, net profit declined to $3.81 billion between October and December from $4.36 billion in the fourth quarter of 2020, with earnings per share of $10.81 versus the consensus of $11.76 per share.

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