This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribedipped 0.18%. At its lowest point on Monday, the S&P 500 was down nearly 10% from its recent high and the Nasdaq entered correction territory. Meanwhile, the yield on the 10-yearas part of a $60 billion decade-long expansion.
"There is no World in which the equity and Bond market reactions yesterday to a 7k beat in one initial claims number makes sense," Fitzpatrick wrote Friday."All that shows you is that in the coming weeks we are likely to see increased volatility and outsized reactions to market news and data."CNBC's Sarah Whitten, Jesse Pound, Brian Evans, Lora Kolodny, Dan Mangan, Michael Wayland, Hakyung Kim, Pia Singh and Spencer Kimball contributed to this report.
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