Reply To: Traders Market Weekly: Reasoning Inflation and Market Authenticity

#63250
TradersCom
Keymaster

Early Morning:

Dow +3.43 at 35562.87, Nasdaq -61.24 at 14285.18, S&P -13.67 at 4576.56

10yr +9bps to 4.04% 2yr +5bps to 4.90%
USD higher across board
10 of 11 S&P 500 sectors down. Losses range -0.1% (utilities) to -1.4% (energy). Information technology flat
DJIA green with Caterpillar $CAT 284.30, +19.30, +7.2% & Merck $MRK 107.53, +0.88, +0.8%