Nasdaq Holds Strong As Interest Rates Spike; Visa, Adobe, Tidewater In Focus

from Stock Market Today With IBD · host Investor's Business Daily

Some leading software stocks and homebuilders came under selling pressure, but major stock indexes turned in another resilient performance. The 10-year Treasury yield spiked on stronger than expected Q1 GDP data and an unexpected drop in weekly jobless claims. Visa and Tidewater are closing in on buy points, while Adobe is holding tight near highs after several up weeks in a row. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on June 29, 2023.

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