Business Maverick: Rally Builds After $2 Trillion Wipeout; Yields Up: Markets Wrap

📆 2022-06-22 오전 4:32:00
📰 dailymaverick

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US equities rebounded Tuesday after last week’s rout erased nearly $2 trillion from the S&P 500. Treasuries retreated.

, led by energy and consumer discretionary shares, while the tech-heavy Nasdaq 100 rosein the wake of its Chapter 11 bankruptcy filing, and Kellogg Co.

was upafter plans to seperate into three companies. The drop in Treasuries took the benchmark 10-year yield back toward 3.3%.Sentiment this week is being helped by

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