Okay Yo where are they? B..Buys
0.0043 -0.0002 -4.44% 39,887,793
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6 minutes ago - Standard & Poor's Market Commentary
The S&P 500 and Nasdaq index dropped 1.1% Thursday afternoon, extending a two-day decline, as worries about higher interest rates continued and retailers reported mixed May sales figures.
Investors were closely watching the Treasury market as a deep sell-off in government bonds sent yields on 10-year notes above the symbolic mark of 5% Thursday morning, which could lure money away from equities. The yield is at a 10-month high, causing some observers to wonder if signs of inflation are in the air. Nervousness about how a relatively new Fed Chairman will handle a potential inflation threat without putting the kibosh on the seven-year bull market m...
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