The Traderszone Network

Published in TZ Latest News 18 November, 2016 by The TZ Newswire Staff

Why Abercrombie & Fitch, First Solar, and Hibbett Sports Slumped Today

Friday was a down day for the stock market, which reacted negatively as U.S. long-term interest rates climbed to their highest levels in nearly a year. Some investors are nervous about the potential impact of rising bond yields on the stock market, especially given that exposure to high-income dividend stocks has in some cases climbed above what’s consistent with risk tolerances among market participants. While declines in major market benchmarks were small, some stocks got hit hard.

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