Focus Returns to Earnings and Interest Rates
While the tech sector plunge took most of the attention Monday it ended up being more of a rotational day between sectors as the deep dives of 3.1% for the NASDAQ and 1.5% for the S&P were partly offset by a 0.6% gain for the Dow Industrials. Today US index futures have stabilized trading between […]
Stocks Slip as Treasury Yields Climb
Equity markets in the US were unable to build on Tuesday’s positive momentum, but major indices were able to shrug off early losses to finish the day essentially flat. Today US index futures are down 0.3%-0.4% as investors continue to grapple with the headwind of rising Treasury yields. In Europe today, the FTSE is flat […]