Wall Street is weighing bond yield anxieties against better-than-expected weekly jobless claims data
| 3/04/2021 | | Have you seen our volatility scorecard? Sign up by clicking here! | Stock Futures Static Despite Upbeat Jobless Claims Data | By: Lillian Currens | Stock futures are struggling to take back some of yesterday's losses this morning, even after an upbeat round of jobless claims data. Futures on the Dow Jones Industrial Average (DJI) are cautiously higher ahead of the open, while futures on the Nasdaq-100 Index (NDX) have turned positive and S&P 500 Index (SPX) futures remain muted. While the closely watched 10-year Treasury yield has yet to reach last week's peak, its current fluctuation is putting a damper on the tech sector, which relies heavily on low borrowing rates. Better-than-expected jobless claims are keeping some of these losses in check -- totaling 745,000, which is slightly lower than the 750,000 expected. Meanwhile, investors are looking ahead toward Federal Reserve Chair Jerome Powell's speech at the Wall Street Journal Jobs Summit later today. Continue reading for more on today's market, including: | | | | | "What is that?" my friend asked when he saw my new iPhone, talking about the weird lens on the back. It doesn't take pictures, but it is the key to a $350 billion tech revolution that will make today's smartphones and computers obsolete by 2022. Find out the mind-blowing things this lens does and why it holds the potential for up to 10,000% gains. Full story here. Sponsored | | | | | | Forget about the next gen iPhone -- Apple's already working on its next huge breakthrough. This game-changing tech will unleash a $350 billion opportunity early investors could ride for 9,910% gains--without buying Apple stock. Exclusive video reveals why this breakthrough is about to revolutionize the computing world as it goes mainstream. Click here now to get the full story. Sponsored | | | | | ADVERTISE // CAREERS // SHOP | Be sure to add us to your contacts so you don't miss out on any news! Unsure of how to do that? Follow our instructions located here. | For more information about our privacy practices, please review our Privacy Policy or our Terms & Conditions. | | 5151 Pfeiffer Road Cincinnati, OH 45242 | If you didn't create an account using this email address or no longer wish to receive these emails, please unsusbscribe here. | | |
No comments:
Post a Comment