Stocks Reverse Course Despite In-Line Inflation Data; FTI, LULU, MLM In Focus

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

The Nasdaq composite jumped 1.6% during the first half hour of trading, but sellers eventually had the upper hand. The 10-year Treasury yield reversed sharply higher after hitting a low of around 3.96%. TechnipFMC is trading tightly near highs after a strong breakout; Lululemon is near the top of a lengthy consolidation, and Martin Marietta is still in a buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices

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This episode was published on August 10, 2023.

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