Short
US30 Short Dow Jones
Helping the mood Friday were comments from Treasury Secretary Janet Yellen after the close Thursday. She stated that $1.9 trillion in pandemic-relief spending is still needed, despite recent strong economic data, citing the continued weakness in the labor market, as U.S. jobless claims hit a four-week high
The stock market’s recent rally has stagnated this week amid concerns of rising U.S. Treasury yields. The S&P 500 and the Nasdaq Composite are down 0.5% and 1.6% this week, respectively, on track to break their two-week winning streak, while the Dow Jones Industrial Average is largely unchanged.
The stock market’s recent rally has stagnated this week amid concerns of rising U.S. Treasury yields. The S&P 500 and the Nasdaq Composite are down 0.5% and 1.6% this week, respectively, on track to break their two-week winning streak, while the Dow Jones Industrial Average is largely unchanged.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.