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CNBC Daily Open: Earnings season in full swing, Treasury yields at multi-year highs

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U.S. stock markets slid against rising Treasury yields, which touched 2007 highs, and as earnings season kicks into full swing.

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribeU.K. inflation came in at 6.7%that missed expectations on both earnings and revenue for the first time since the second quarter of 2019. The electric vehicle maker reported adjusted earnings of 66 cents per share vs. 73 cents per share expected and revenue of $23.

Housing starts rose in September, but at a slower-than-expected rate, according to data released Wednesday. Building permits fell last month, but less than economists anticipated. This arrives a day after consumers showed surprising strength in September,

 

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