Small Caps Test Their 200-Day Line as Yields Grind Higher and Earnings Season Stirs
U.S. stocks declined midweek, with small caps hit hardest as 10-year Treasury yields rose to 5.24%. McCormick (MKC) reported Q3 sales up 17.4%, EPS $0.36. Conagra (CAG) saw Q1 sales down 1.4%, EPS up 5.1%. WTW (WTW) noted commercial property rate declines. RedHill (RDHL) outlined portfolio reset. Recon (RCON) reported 65.8% revenue growth, narrowed losses.




