These are the stocks posting the largest moves midday Monday.
div > div.group > p:first-child"> Citigroup, J.P. Morgan Chase, Bank of America — The big banks all shot up more than 2 percent as interest rates jumped on strong economic data. Manufacturing activity in the U.S. rebounded from its lowest level since 2016, while the manufacturing sector expanded at its fastest pace in eight months. This lifted the benchmark 10-year Treasury yield to 2.47 percent from depressed levels last week.
Redfin — Shares of the real estate brokerage firm jumped nearly 7 percent after an analyst at Piper Jaffray upgraded the stock to overweight from neutral, citing a better outlook for the housing market as interest rates remain flat. Lyft —Lyft dropped 10.68 percent on its second day of trading in the public market, falling below the stock's IPO price of $72 per share. This comes after Guggenheim initiated Lyft with a neutral, saying there are"too many big assumptions to make a case for the stock."
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