No new catalyst: URI was down about 2.3%, slightly deeper than the roughly 2.2% decline earlier, as a broad U.S. risk-off selloff hit equities and volatility jumped. Fed official Alberto Musalem called for interest rates to rise again soon as inflation risks persisted, adding to the pressure on rate-sensitive valuations. source URI had no company news behind the move.
No new catalyst: URI was down about 2.3%, slightly deeper than the roughly 2.2% decline earlier, as a broad U.S. risk-off selloff hit equities and volatility jumped. Fed official Alberto Musalem called for interest rates to rise again soon as inflation risks persisted, adding to the pressure on rate-sensitive valuations. source URI had no company news behind the move.