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Market Commentary
Yields and Oil Pressure the Tape
Indexes close lower as energy leads while technology and discretionary lag on rising rates and Middle East tensions. The session opened September on the back foot. SPY finished at 761.73, down 0.69 percent. QQQ closed at 707.80, off 1.25 percent. IWM ended at 290.57,...
read moreTape Slips on Geopolitical Heat
Indexes ease as oil rises on Middle East tensions; energy leads while the broader tape digests. Equities finished lower Monday as renewed U.S.-Iran hostilities lifted crude and injected a dose of caution into risk assets. SPY closed near 765.5-766, down roughly 0.4...
read moreTape Softens on Soft Volume
SPY slips 0.2%, QQQ 0.7%, IWM 1.4% as leadership rotates and small caps lag The major indexes closed modestly lower Friday in a quiet session. SPY finished at 769.35, down 0.23%. QQQ ended at 716.43, off 0.65%. IWM lagged further, settling at 295.75 for a 1.35%...
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