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Stock impact report

Stocks climb, lifted by rising bond yields and company earnings [Los Angeles Times (CA)]

Movado Group Inc. (MOV) 
Last movado group inc. earnings: 3/26 06:45 am Check Earnings Report
US:NYSE Investor Relations: movadogroup.com/investor/index.cfm
Stocks climb, lifted by rising bond yields and company earnings Stocks finished broadly higher on Wall Street on Thursday as bond yields rose, easing concerns about a troubling drop in long-term yields over the last week. Gains by financial, technology and industrial stocks outweighed losses by utilities and communications companies. Smaller-company stocks performed better than the broader market. A sharp rebound from a dismal end to 2018 has the benchmark Standard & Poor’s 500 index on track for its biggest quarterly gain since the third quarter of 2009. Thursday’s rally, which followed a stumble earlier in the day, came as bond yields rose off their recent lows. The yield on the benchmark 10-year Treasury note edged up to 2.39% from 2.37% on Wednesday. “The markets are looking closely at bond yields, and the fact that bond yields have eased a little bit is a reason for the stock market to breathe a little easier today,” said Erik Davidson, chief investment officer at Wells Fargo Pri Show less Read more
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