Tutor Perini is trading at $84.72, down 4.88%, as rising Treasury yields and oil contribute to a broader risk-off market backdrop.
- No clear company-specific announcement explains the October 7 decline; recent contract awards preceded the session.
- Reuters reported Brent above $100 and the 30-year Treasury yield at a high not seen since 2002, as investors awaited Federal Reserve meeting minutes.
- Industrial-sector weakness also contributed to the backdrop; volume data was unavailable.