Stocks, Rates Near Key Technical Junction - Which Will Break Out First?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 21 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Nasdaq 100 Nachrichten

S&P 500,United States 10-Year,The Energy Select Sector SPDR® Fund

Market Overview Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, United States 10-Year, The Energy Select Sector SPDR® Fund. Read Michael Kramer's latest article on Investing.com

The index has traded chiefly sideways since it broke the smaller, inner-rising wedge pattern. However, it’s now on the verge of breaking the larger, outer rising wedge pattern, which also forms the lower trend line of the bump-and-run pattern. Regarding this rising wedge, it would only take a gap down at the open to confirm a break.rose by four basis points on the day, reaching 4.3%. This area is significant for rates, as a push above the 4.

If rates continue to rise, this will impact financial conditions. Mortgage rates have been increasing, and the spread between conventional and jumbo rates has narrowed significantly over the past couple of weeks. Over the past few years, this spread has closely tracked the CDX high-yield credit spread index, which the S&P 500 earnings yield also closely follows.prices refuse to break below $66.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 450. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

9 Charts Showing Stocks Poised for Deeper Pullback as Key Indexes Break TrendlinesStocks Analysis by Michael Kramer covering: Gold Spot US Dollar, DAX, Nikkei 225, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

5 Critical Charts Indicating the Stock Market Correction Could Have Room to RunStocks Analysis by Michael Kramer covering: Nasdaq 100, S&P 500, Apple Inc, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

CNBC Daily Open: Concerns over high interest rates return, pressuring stocksExperts and markets think both the U.S. economy and interest rates will remain warm — if not hot — to the touch.
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »

Asia stocks dip amid rates, election uncertainty; China shares drift higherAsia stocks dip amid rates, election uncertainty; China shares drift higher
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »