Today: 6 June 2026
Browse Category

LSE:WISE 22 November 2025

Stock Market Today

  • Vertiv, Atkore, and Kimball Electronics Stocks Fall Amid Rising 30-Year Treasury Yields
    June 6, 2026, 12:05 AM EDT. Shares of Vertiv, Atkore, and Kimball Electronics declined following a May jobs report that pushed the 30-year U.S. Treasury yield above 5%, increasing borrowing costs for major infrastructure and industrial electrification projects. This rise raises financing costs for multi-year capital investments central to sectors like AI data centre power equipment, potentially delaying or deferring orders. Kimball Electronics, known for volatility with 14 moves over 5% in the past year, fell 13.4% year-to-date, trading 24.8% below its 52-week high at $24.92. Elevated yields and persistent inflation risks from geopolitical tensions reduce odds of Fed rate cuts, pressuring industrial and cyclicals heavily reliant on capital expenditure. The pullback could offer buying opportunities in high-quality stocks, despite concerns about a softer global manufacturing outlook.

Latest articles

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
Gas Bulls’ Storage Bump Fizzles on Weather Shift

Gas Bulls’ Storage Bump Fizzles on Weather Shift

6 June 2026
U.S. natural gas futures fell 3.2% to $3.229/MMBtu Friday as weather models cut expected cooling demand, erasing a two-day rally sparked by a smaller-than-expected storage build and hotter forecasts; inventories remain above average but the surplus is narrowing, with traders watching if heat and exports can offset near-record production and ongoing LNG plant maintenance.
Go toTop