Mmastodon BusinessMarkets first seen 1 d ago, last 5 h ago, peak #1
US stocks set to extend pullback from record highs
Original: 1 BMO: U.S. #equities look set to extend their pullback from record highs, with #futures down this morning, while the #1
US equities are set to extend their pullback from record highs, with stock futures pointing lower this morning. Attention is also on the bond market, where the 10-year Treasury yield has climbed to 5.34%. Analysts at BMO flagged the combination of falling stocks and rising yields as the key development for traders to watch.
Why now: Rising Treasury yields alongside a stock pullback from record highs is raising concerns about market pressure.
BMOUS equities10-year TreasuryFederal Reserve
Evidence
- 1 BMO: U.S. #equities look set to extend their pullback from record highs, with #futures down this morning, while the #10-year #Treasury #yield climbed to 5.34%. 🧵 #markets #stocks #bonds · dbcurren.bsky.social@bsky.brid.gy · 6
API: https://socialmediatrends-api.osmike.com/v1/trends/1484701