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Surging Yields Hit Most Stocks, But Not NVDA, SMCI, COST

Season 1 Published 2 years, 4 months ago
Description

The major indexes tried to rally with a government shutdown averted, but the 10-year Treasury surged to a fresh 16-year high. Market breadth was terrible, with the Dow Jones, Russell 2000 and S&P MidCap 400 all hitting correction lows. Nvidia, Super Micro and Costco bucked the trend.

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