What to watch today: Nasdaq set to drop as short and long bond yield rise

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Dow futures decline after Goldman Sachs' earnings disappointment. Nasdaq was tracking for drop as bond yields jump.

pushed back against accusations that the asset manager was using its heft and influence to support a politically correct agenda. "Stakeholder capitalism is not about politics. It is not a social or ideological agenda.

It is not 'woke,'" Fink said in hisFink reiterated those sentiments in a CNBC interview that ran on Tuesday. He said he's looking at the "the shape of the yield curve" in the bond market as a signal to where stocks go from here with an "aggressive Federal Reserve over the course of the next two years."

 

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