Treasury Auction Sparks Late-Day Sell-Off and a Look Ahead to Big Bank Earnings 10/12/23

Treasury Auction Sparks Late-Day Sell-Off and a Look Ahead to Big Bank Earnings 10/12/23

  • Af
  • Episode
      1474
  • Published
      13. okt. 2023
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Episode
1474 of 2050
Længde
44M
Sprog
Engelsk
Format
Kategori
Økonomi & Business

Stocks dropped mid-day after an ugly 30-year Treasury auction, and while they closed off the lows of the day, major indexes all snapped four day win streaks. Combined with a slightly higher than expected CPI report, what kind of stage does this set for the markets? Plus JPMorgan among the banks set to kick off earnings tomorrow morning. What we should expect and how to trade the group.

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