report sent rates back to flat. That left stocks moving sideways after a brief move higher in the midday and a decline into the close.finished the day below the 10-day exponential moving average for the second day in a row. The last time was on February 21, followed by a higher gap after NVIDIA (NASDAQ:
Given the gains in copper and oil, I would think that we would see rates rise and push higher. Yesterday, they tried to move higher, and then they appeared to get nervous following the weaker-than-expected ISM report.looks like it is consolidating just above resistance at 4.35%. The cup and handle pattern suggests that the 10-year moves higher to around 4.55%.
Source: News Formal (newsformal.com)
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