markets
RKLB -2.38% — Breaking
By SNF Research · Independent market intelligence from Sunday Night Futures LLC
Rate hike fears hit space and quantum names in pre-market Monday.
BofA now forecasts 75 bps of hikes in 2026, citing labour market resilience and the new Fed chair. RKLB is off 2.38% to $104.69, PL drops 3.47% to $27.25, and RGTI slides 2.15% to $20.90 — high-beta growth stocks taking the brunt of the rate reprice. TSLA also weaker at $396.04 (-1.08%); MSFT slipping to $377.28.
Watch: RKLB $104 as near-term support — a break opens a move toward $100. PL's 3.47% drop is the sharpest here; watch whether it stabilizes above $27 or accelerates into the open.