Briefings

Week InReview: February 10, 2023

Down day.

Stocks in Asia headed for declines after US equities fell for a second day and Treasury yields climbed as investors began to adjust for the prospect of higher interest rates. Equity futures in Australia, Japan and Hong Kong declined after the S&P 500 fell 0.9%, reversing gains of nearly 1%. Lyft shares tumbled around 30% in after-hours trading following an earnings outlook that significantly missed analysts' estimates, while in the regular session Tesla extended a rally that has more than doubled the carmaker's stock price this year.

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