Wall Street Today: Market Quaking With Anticipation, and Nvidia Delivers Beat

Kevin Travers16:57 ET

USA bond market: Treasury bonds continue to rise, with yields hitting a year-to-date low. The 7-year issuance received strong demand.

On Wednesday, US Treasury bonds continued a week-long upward trend, pushing yields to a new low for the year by the close. The strong demand for the last interest-bearing bond issuance before March 11 also supported the rally in Treasury bonds. Options Trading targeting a 10-year Treasury yield falling below 4% surged, as Morgan Stanley believes there is a possibility for the 10-year yield to drop below 4%. In after-hours trading, yields on bonds of various maturities fell by 2-5 basis points, leading to a flatter yield curve. The 10-year Treasury bond continued its decline from a high of 4.45% on Monday, dropping to around 4.25%. The winning yield on the 7-year Treasury bond...

Global Market Report16:28 ET

Live Stock News: Market Climbs Back From Tech Pit, Awaits Prodigal Semi Son to Report

Kevin Travers11:15 ET

Bank of America, BlackRock Drop DEI References in Annual Reports

Seeking AlphaFeb 26 04:09 ET

Morgan Stanley: Assigns CSPC PHARMA a 'Shareholding' rating with a Target Price of 6.8 HKD.

Morgan Stanley released a Research Report stating a "Shareholding" rating for CSPC PHARMA (01093), with a Target Price of 6.8 HKD. The group previously issued a profit warning, indicating that fourth-quarter sales are expected to decline by 16% year-on-year to approximately 6.56 billion RMB, which aligns with the bank's expectation of 6.76 billion RMB. However, the preliminary net profit may drop by 63% to about 0.568 billion RMB, which is below the bank's expectation of 0.811 billion RMB. The bank indicated that due to the decline in traditional Pharmaceutical prices in the centralized procurement (VBPs) channel, investors have largely anticipated a drop in profits, so they believe this profit warning will have a minimal impact on the stock price. On a positive note, the management is early.

Sina Hong Kong stock.Feb 26 03:37 ET

Express News | Exclusive-CICC , Galaxy Merger to Take Place via Share Swap, Announcement Expected in Coming Weeks, Say Sources

ReutersFeb 26 01:25 ET