Baker Hughes is trading at $61.05, down 4.07%, despite raising 2026 revenue and EBITDA guidance after acquiring Chart Industries.
- Broader risk-off trading is weighing on equities, with the S&P 500 down 0.73% and Nasdaq Composite down 0.88%.
- Hotter-than-expected annual PPI and firm Treasury yields are pressuring equities, while Middle East tensions keep oil above $100.