[BRIEFING.COM] Stocks tumbled Tuesday as a market increasingly sensitive to rising interest rates used the latest uptick in bond yields as an excuse to take some more money off the table. The S&P 500 paced the way lower among the majors as all 10 of its sectors closed sharply lower. Only four of the 147 S&P industry groups finished higher.
Well I have been noticing lately that the market has been increasingly sensitive to these reports of raising interest rates. But this tide shall pass. And yet even with these falls. Most metals, excluding steel, have been doing well like one of my personal favorites, FCX. How do you think the market is going to do in the next few weeks? Feel free to post your comments.
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