Tech leads the market higher
A strong day for tech stocks helped drive the large-cap indices higher, while small-cap stocks sold off.
Read MoreA strong day for tech stocks helped drive the large-cap indices higher, while small-cap stocks sold off.
Read MoreSales of previously owned homes fell to a six-month low in February.
Read MoreAfter back-to-back weekly gains, the S&P 500 Index (SPX) had a modest 0.77% decline last week.
Read MoreS&P equity futures are slightly above Friday's close, amidst mixed sessions in Europe and Asia overnight.
Read MoreStocks reversed from early losses, but only the Nasdaq Comp. and Russell 2000 Index were able to end in positive territory.
Read MoreIt must be one heck of a slow news day for our RELATIVE downgrade of Financials to get the airtime that it is.
Read MoreSummary – Downgrading Financials to Neutral as history points to a pause in the rise in the 10-year UST yield.
Read MoreA couple administrative notes given the attention we received for our work today.
Read MoreWe discuss an out of consensus view suggesting a near-term peak in the 10-year U.S. Treasury Yield, and what that means for Financials (Banks)...
Read MoreThis is not a complicated call — the rise in the 10-year has likely seen an intermediate-term rate of change peak, and since that rise has driven the Financials…
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