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Nasdaq Holds Strong As Interest Rates Spike; V, ADBE, TDW In Focus

Episode 87 Published 2 years, 7 months ago
Description

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.

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