🔴 Rocket Lab USA is trading 8.25% down today as yields and oil prices pressure risk appetite

Rocket Lab USA is trading 8.25% down at $71.63 as broad market pressure from rising Treasury yields and oil prices weighs on risk appetite.

• No clear company-specific announcement explaining the October 7 drop surfaced; investors are awaiting Federal Reserve minutes.
• Reuters reported the 30-year Treasury yield at 5.70% and Brent crude back above $100 a barrel.
• The S&P 500 was down 0.62%, Nasdaq down 0.78%, and Dow down 0.99%; industrials fell 1.66%.