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What sent stocks down on the eve of earnings season?

Two factors drove the 3-4% drop of the three major U.S. equity indices.  One, fears over rising interest rates.  Two, a big selloff of tech shares.1,2 Closing market bid yields for the 10-year and 2-year note were barely changed from Tuesday at 3.22% and 2.88%, but those yields were respectively at levels unseen since 2011 […]

Weekly Market Commentary: February 18, 2019

In this week’s recap: solid gains for U.S. equities, a second shutdown avoided, and interesting developments regarding inflation and retail sales. THE WEEK ON WALL STREET Stocks ended a good week on a high note, as hints of progress in U.S.-China trade talks encouraged investors. When the closing bell rang Friday, the S&P 500 settled […]

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