Wall Street flipped from small gains to losses before the opening bell Thursday after rising U.S. debt sank markets on the previous day, according to the Associated Press. Futures for the Dow Jones Industrial Average fell 0.5% in premarket trading, while futures for the S&P 500 and Nasdaq each slid 0.3%.
Shares of solar companies tumbled, with First Solar sliding more than 7% and Sunrun losing nearly one-third of its value. Energy technology company Enphase Energy fell 15%.
Health care stocks were also falling early Thursday. UnitedHealth Group fell 3.5% and Humana was down 4.8%.
The yield on the 10-year was at 4.62%, up from 4.51% two days ago, a significant move in the bond market.
The price of oil fell on media reports that OPEC+ was considering another production increase. Benchmark U.S. crude lost 94 cents to $60.63 per barrel. Brent crude, the international standard, fell 99 cents to $63.92 per barrel.
In currency trading, the U.S. dollar fell to 143.35 Japanese yen from 143.68 yen.
