Stocks volatile as 10-year yield nears 3%

Stocks rolling over as higher rates have investors spooked, ahead of the biggest week for earnings. Plus, any minute now, Alphabet earnings. We’ll have those for you live. And another big deal is in danger, this time with China raising concerns. And another blow for struggling chip sector? Plus, it’s your Earth day trade. How do you put money to work in the electrified vehicles, autonomous trade? Catch The Final Round at 3:55 ET p.m. with Jen Rogers and Yahoo Finance markets correspondent Myles Udland and editor-in-chief Andy Serwer.

Winners and losers

Stocks in the red include SunPower as BofA Merrill Lynch downgrades shares to Underperform citing concern over the impact of tariffs to SunPower’s premium businesses;  Arconix as Longbow Research downgraded the company formerly know as Alcoa to Neutral from Buy; and Akorn, with shares of the generic drugmaker tumbling after Germany’s Fresenius Medical Care dropped its planned $5 billion takeover after a probe into possible data breaches.

Stocks in the green include Merck following a rare double-upgrade by Goldman to Conviction Buy, citing its Keytruda lung cancer breakthrough; Box as Social Capital’s Chamath Palihapitiya revealed at Sohn that Box is his favorite AI stock idea; and Sears Holding, as the troubled retailer gets a small pop as CEO Eddie Lampert’s ESL Investments will buy Sears’s Kenmore appliances unit, its home improvement business, and some of the chain’s real estate.

What to Read Next