14 min listen
Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus
Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus
ratings:
Length:
17 minutes
Released:
May 22, 2024
Format:
Podcast episode
Description
The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base.
Released:
May 22, 2024
Format:
Podcast episode
Titles in the series (100)
Nasdaq, Growth Stocks Hit Hard In Mixed Session; DE, JNPR, RMBS In Focus: Money flowed into bonds, gold and health care stocks. by Stock Market Today With IBD