FlowBank

488 days ago • Posted by Paul de La Baume

#Nasdaq buoyed by lower yields #stocks #trading #trending $QQQ $SPY $AAPL

Lower US Treasury yields have helped the Nasdaq strengthen lately. In light of the Fed minutes suggesting a softer pace of rate hikes, investors are seeing renewed risk appetite. Nonetheless, inflation data such as next week's favorite inflation gauge the PCE, released on the 1st of December, will be key to confirming the slowing pace of inflation and the trajectory of the Fed cooling down its monetary tightening measures.

#Stocks #Technology
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