Evening Market Recap - Tuesday, 28-September
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Description
US equity markets sold off extensively following a backup in bond yields and the recent surge in energy prices. Other points of discussion include Fedspeak, China and the drama in Washington.
Tickers mentioned: MRK, XLRN, F, SGMS,THO
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US equities ended lower Thursday, just off best levels as market regained some sharp early-morning losses. The market shook off some of the overhang from disappointing tech earnings and stagflation worries sparked by this morning's economic data. The first read for Q1 GDP came in below consensus...
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US equities finished mixed in Wednesday trading, little changed after a strong start to week, with the Dow Jones down 11 bps, while the S&P500 and Nasdaq finished up 2bps and 10bps respectively. March headline and core durable goods orders beat though February revised down across the board....
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