The Cboe Volatility Index is breaking out today
| |  7/06/2021 | | | Have you seen our volatility scorecard? Sign up by clicking here! | Dow, S&P 500 Take a Breather as Bond Yields Fall | By: Jake Scott | | The Dow Jones Industrial Average (DJI) has pivoted 400 points lower midday, as Wall Street begins to wonder if the gains wrought from the pandemic recovery are already baked in. While the S&P 500 Index (SPX) logged yet another record high earlier in the day, it too has turned negative and is poised to snap its seven-day winning streak. Elsewhere, the tech-heavy Nasdaq Composite (IXIC) is just barely submerged in red ink. Bond yields are also lower today, with the 10-Year treasury yield last seen breaching 1.4%. Elsewhere, the Cboe Volatility Index (VIX) was eyeing its highest close in over two weeks. Continue reading for more on today's market, including: - The blue-chip stock bucking the broad market selloff.
- Chinese cybersecurity reviews are sending JD.com stock lower.
- Plus, ATOS calls pop on small-cap entrance; Orbsat stock soars to the top of the Nasdaq; and China hip-hop stock plunges after debut.
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