15 min listen
Stock Market Sinks As Bond Yields Spike; Vertex, KLA, MMYT In Focus
Stock Market Sinks As Bond Yields Spike; Vertex, KLA, MMYT In Focus
ratings:
Length:
14 minutes
Released:
Oct 12, 2023
Format:
Podcast episode
Description
Headline consumer prices were slightly hotter than expected, but core prices were in line. The 10-year Treasury yield reversed sharply higher after hitting a low of 4.53%. Published reports blamed a weak 30-year Treasury auction. The U.S. dollar also surged, fueling negative sentiment. Biotech Vertex is showing relative; KLA rallied for the sixth time in seven trading sessions; MakeMyTrip continues to hold above its 10-week line.
Released:
Oct 12, 2023
Format:
Podcast episode
Titles in the series (100)
Market Gains Fade Ahead Of Powell; Splunk, MercadoLibre, Lantheus In Focus: Indexes took a pause ahead of testimony from Fed chair Powell. by Stock Market Today With IBD