QX
  • Services
  • Contact
  • PORTAL
    • RUMORS
    • PODCASTS
    • PRO
    • STANCHART SWINGS
    • HOME
    • Regular >
      • Econ Calendar
    • Premium >
      • Briefings
      • Daily Market Strategy
      • DMS Calendar
      • THOUGHTS
      • THECHOSEN
      • VIRTU Alerts
    • EDUCATION >
      • SCALPER SYSTEM >
        • SCALPER CLASS
        • SAMPLES
      • MENTOR GUIDE
      • MENTORSHIP
      • GAV JOURNAL
      • JOURNAL
      • KEEL SWINGS
      • DAY & SWING SYSTEMS HQ
      • FULL SYSTEM EDUCATION
    • LEGAL - ToS
  • CRISIS CENTER
    • MEDIA
    • THOUGHTS
    • TRADE IDEAS
    • INVESTMENT IDEAS
  • MEDIA
  • Services
  • Contact
  • PORTAL
    • RUMORS
    • PODCASTS
    • PRO
    • STANCHART SWINGS
    • HOME
    • Regular >
      • Econ Calendar
    • Premium >
      • Briefings
      • Daily Market Strategy
      • DMS Calendar
      • THOUGHTS
      • THECHOSEN
      • VIRTU Alerts
    • EDUCATION >
      • SCALPER SYSTEM >
        • SCALPER CLASS
        • SAMPLES
      • MENTOR GUIDE
      • MENTORSHIP
      • GAV JOURNAL
      • JOURNAL
      • KEEL SWINGS
      • DAY & SWING SYSTEMS HQ
      • FULL SYSTEM EDUCATION
    • LEGAL - ToS
  • CRISIS CENTER
    • MEDIA
    • THOUGHTS
    • TRADE IDEAS
    • INVESTMENT IDEAS
  • MEDIA

Headlines June 7

6/7/2021

0 Comments

 
As investors considered inflation threats and the possible effect of a minimum corporation tax that would enable foreign governments to impose levies on big American firms, most US equities fell and treasury yields increased.

After rising to an all-time peak earlier in the day, the S&P 500 dropped, with decliners outnumbering gainers by around 3-to-1 in afternoon trade. 

The Nasdaq 100 rose, boosted in part by a rise in Biogen following the approval of its Alzheimer's medication. The Dow Jones Industrial Average fell.

On Sunday, US Treasury Secretary Yellen said that a slightly higher interest-rate environment would be a plus. As a result, US ten-year treasury yields rose from the lowest since late April.

The sell-off in equities came when recent evidence, such as Friday's employment report, appeared to support the Fed's dovish monetary policy stance.

Investors are attempting to find a balance between the potential for higher interest rates and the need to participate in a rally driven largely by massive government stimulus.
​
The US consumer-price index report expected for Thursday will be one of the last major economic indicators released before the Fed’s rate decision later this month.
0 Comments



Leave a Reply.

EQUITIES | CURRENCIES | FUTURES | CRYPTOCURRENCIES