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The Closing Bell: Dow Has Longest Losing Streak In a Year As 10-year Treasury Yield Cracks 3%

FYI: U.S. stocks fell on Tuesday, with major indexes retreating from early highs as a rise in bond yields provided another reason for caution at a time when the first-quarter earnings season is failing to excite investors, despite some strong reads from corporate America.

While the earnings season remained in full swing, with results from a number of major firms, the tone was generally negative, with several bellwether stocks slumping despite posting numbers that were ahead of analyst forecasts.
Regards,
Ted

Bloomberg:
https://www.bloomberg.com/news/articles/2018-04-23/yen-drop-to-buoy-japan-stocks-as-dollar-rallies-markets-wrap

Reuters:
https://www.reuters.com/article/us-global-markets/stocks-retreat-as-u-s-10-year-yields-top-3-percent-idUSKBN1HV01Z

MarketWatch:
https://www.marketwatch.com/story/dow-shapes-up-to-break-losing-streak-but-earnings-could-kill-the-buzz-2018-04-24/print

IBD:
https://www.investors.com/market-trend/stock-market-today/stock-market-today-april-24-2018-caterpillar-earnings/

CNBC:
https://www.cnbc.com/2018/04/24/us-stock-futures-dow-data-earnings-tech-and-politics-on-the-agenda.html

AP:
http://hosted.ap.org/dynamic/stories/F/FINANCIAL_MARKETS?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT

Bonds:
https://www.reuters.com/article/usa-bonds/treasuries-u-s-10-year-yield-hits-3-pct-as-economy-shows-resilience-idUSL1N1S11C1

Currencies:
https://www.reuters.com/article/us-global-forex/dollar-euro-hold-after-u-s-10-year-yield-hits-3-percent-idUSKBN1HV04J

Oil:
https://www.reuters.com/article/us-global-oil/oil-steadies-after-brent-tops-75-on-supply-cuts-iran-sanctions-threat-idUSKBN1HV03J

Gold:
https://www.cnbc.com/2018/04/24/gold-market-dollar-yields-in-focus.html

WSJ: Markets At A Glance:
http://markets.wsj.com/us

SPDR's Sector Tracker:
http://www.sectorspdr.com/sectorspdr/tools/sector-tracker

SPDR's Bloomberg Sector Performance Pie Chart:
https://www.bloomberg.com/markets/sectors

Current Futures: Negative
https://finviz.com/futures.ashx
Quote

Comments

  • The user and all related content has been deleted.
  • edited April 2018
    Maurice said:

    Gee Ted. Three separate articles on Treasury yields in one day. Can't you post these duplicate stories under one post. You just beefing up your prestigious count of posts.:(

    Yep - Ted’s a cagey one - always trying to pump up his score.:(:(

    Hmmm ... I took a pass on @Flack’s monthly guessing contest - since I got the first one correct and didn’t want to tarnish my 1000 batting average. But there seemed to be a lot of bulls (or bull) this time round. How’s the month lookin guys?
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