Lithium Americas is trading 5% down at $2.99 as broader risk-off selling pressured growth-oriented assets.
- U.S. stocks declined as the 30-year Treasury yield reached 5.33%; geopolitical uncertainty and higher oil prices intensified inflation and financing-cost concerns.
- The Nasdaq was down 1.27% and the S&P 500 0.59%, providing a macro backdrop for the decline.
- Lithium prices were slightly higher, offering no clear sector-specific catalyst.