Retail Stock Soared as Broad Market Sank

10-year treasury yields hit another record low again

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MARKET RECAP     3/06/2020
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Stocks Slip, Eke Out Weekly Wins By Patrick Martin Share On Stock dropped once again Friday, as Wall Street closed out a roller-coaster trading week in the red. An upbeat February jobs report was unable to lift the Dow out of its coronavirus-fueled sell-off. The S&P 500 and Nasdaq also finished deep in the red, as the 10-year Treasure yield fell below 0.7% for the first time in the benchmark’s history. However, all three benchmarks pared steeper losses in late-afternoon trading, helping to secure modest weekly wins. Elsewhere, Wall Street's "fear gauge," the Cboe Volatility Index, logged its highest close since September 2011. Continue reading for more on today's market, including: A refresher on Wall Street's red-hot "fear gauge." Big Lots stock traded higher today after activist investors announced their stake. Plus, two stocks lower on C-suite news; and a look at the week ahead.  >> Continue reading...
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