Stock Market Rally Attempt Faces Resistance; Oil Prices, Treasury Yields Hit Highs
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October 9, 2021
A stock market rally attempt tried to gain steam, with leading stocks flashing early buy signals. But the major indexes hit resistance at key levels and have not confirmed the new rally. A weaker-than-expected jobs report didn’t move stocks, but…
Tech Leads U.S. Stocks Lower; Bond Yields Decline: Markets Wrap
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March 15, 2020
(Bloomberg) — Technology shares led U.S. stocks lower with investors continuing to rotate out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly decline since March. The tech-heavy…
Stocks Snap Two-Day Rally; Bond Yields Decline: Markets Wrap
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February 28, 2020
(Bloomberg) — Technology shares led U.S. stocks lower for the first time in three days with investors continuing to rotate out of this year’s top performers. Treasuries gained with American initial jobless claims posting their smallest weekly…