🔴 Select Energy Services is trading 4.15% down today as oil prices and Treasury yields pressure markets

Select Energy Services is trading at $19.16, down 4.15%, amid broad market weakness as higher oil prices and Treasury yields weighed on sentiment.

• On October 7, stocks and bonds fell; reports tied higher oil prices to renewed concerns about attacks on vessels in the Strait of Hormuz.
• Investors awaited Federal Reserve meeting minutes; the S&P 500, Nasdaq and Dow were also lower.
• No fresh company-specific announcement was identified to explain the decline.