U.S. Treasuries today dropped below 1.7%, thus supporting technology companies’ stock.
As at 7:30 p.m. (MSK), S&P500 index grew 0.7%, with Dow Jones showing a moderate gain of only 0.1%. NASDAQ technology index was among today’s leaders though, with +1.5% gain.
Such correction after two days of fairly good growth last Thursday and Friday is reasonable. The earnings season is about to end, and investors are going to focus on growing inflation again.
ПодробнееOfficials somewhat relieved market’s concerns about growing inflation expectations. Besides, another portion of macroeconomic statistics data is in focus today.
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