EPISODE · Jul 11, 2024 · 13 MIN
Small Caps Jump, Techs Slump As Prices Cool; KBH, URBN, AAPL In Focus
from Stock Market Today With IBD · host Investor's Business Daily
Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to around 4.20%. Despite sharp declines for the Nasdaq and S&P 500, market breadth was overwhelmingly positive. KB Home and Urban Outfitters gave buy signals, while Apple’s decline was orderly. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to around 4.20%. Despite sharp declines for the Nasdaq and S&P 500, market breadth was overwhelmingly positive. KB Home and Urban Outfitters gave buy signals, while Apple’s decline was orderly. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Small Caps Jump, Techs Slump As Prices Cool; KBH, URBN, AAPL In Focus
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