Reply To: Traders Market Weekly: Political Risks and Central Banks

#45758
Truman
Participant

Dow +524.36 at 30161.22, Nasdaq +330.11 at 10651.35, S&P +92.68 at 3675.82

The major averages pushed to new highs in the last half hour but pulled back some from those levels as Treasury yields inched higher. The Dow Jones Industrial Average lags its peers, up 1.8%.

The 2-yr note yield, at 4.40% a short time ago, rose to 4.44% recently.
The 10-yr note yield, at 3.92% a short time ago, rose to 3.97% recently.

Market breadth reflects strong conviction on the buy side.

Advancing issues lead declining issues by a 13-to-1 margin at the NYSE and a nearly 5-to-1 margin at the Nasdaq.