"On a day with little major news and ahead of important news soon to come — Fed meeting and the jobs numbers— investors took the opportunity to take some profits from yesterday's big recovery," Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC. Tuesday's "worst performer, technology, was yesterday's biggest winner.", watched closely by investors recently, fell to 1.40% on Tuesday. The yield surged to a high of 1.
"Overall, buy on the dip is alive and well," added Paulsen. "Despite a turbulent couple days, the S&P 500 has risen 1.55% so far this week dominated by reopening plays including materials, industrials, financials, and energy with technology being a market performer."
good luck
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.