PTON Picks up on Overseas Moves

The 10-Year Treasury yield has moved significantly lower

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Schaeffer's Midday Market Check
3/09/2021
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Nasdaq Eyes Best Day in Months as Tech Stocks Bounce


By: Laura McCandless

The Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) are both enjoying triple-digit gains midday, with the latter rallying over 440 points and headed for its best day since November as tech makes a comeback. The 10-Year Treasury yield, which has been a constant thorn in Big Tech's side during its recent rise, is finally on the decline, sitting around 1.56% this afternoon. The S&P 500 Index (SPX) is firmly in the black as well, amid news that the House of Representatives plans to pass the $1.9 trillion Covid-19 relief bill tomorrow morning. 

Continue reading for more on today's market, including:

  • Quarterly report sends Stitch Fix stock spiraling. 
  • Peloton stock rises on overseas sales expansion.  
  • Plus, ACAD options take off amid drug setback; INVO flies on amended Ferring Pharma agreement; and WHD drops on share offering.
Share on Read More...
     

Bezos + Musk + Zuckerberg + U.S. Military Chasing This New Tech


According to the World Economic Forum, this controversial new technology could be worth $12.7 trillion over the next few years... That's 10x the size of Amazon today and bigger than mega tech firms like Amazon, Apple, Google and Facebook combined. If you're looking to cash in on the next major tech trend, this is it.

Click here for the full story (#1 Tech named inside). Sponsored


In Case You Missed It...


10X Bigger Than Amazon, Apple, or Google??


Amazon, Tesla, and Facebook...plus all the major US Military branches...Are piling into a controversial tech that could be worth over $12 trillion over the next few years. Looking to cash in on the next major tech trend? This is it.

Full story here Sponsored

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