Shares of EV stocks are trading higher as Treasury yields drop amid the Israel-Hamas conflict.
Portfolio Pulse from Benzinga Newsdesk
Shares of EV stocks are trading higher as Treasury yields drop amid the Israel-Hamas conflict. The stocks mentioned include ARVL, FSR, GGR, LCID, NWTN, PSNY, and VFS.
October 10, 2023 | 7:48 pm
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POSITIVE IMPACT
ARVL's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting ARVL's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
FSR's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting FSR's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
GGR's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting GGR's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
LCID's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting LCID's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
NWTN's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting NWTN's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
PSNY's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting PSNY's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
VFS's stock is trading higher due to lower Treasury yields amid the Israel-Hamas conflict.
Lower Treasury yields often lead to higher stock prices as investors move from bonds to stocks. The Israel-Hamas conflict is causing uncertainty, which is lowering yields and boosting VFS's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100