) yield fell another 10 basis points to hover near 3.69%, and is now down about 60 basis points in less than two weeks. Volatility has spiked, too, The CBOE Volatility Index, known by its ticker as simply the VIX dropped more than 12% in its biggest-ever daily loss after a surprise interest rate hike from the Bank of Japan. Yardeni Research president Ed Yardeni told Yahoo Finance he thinks the "large extent" of the selloff in US stocks is attributable to the moves in Japan.
"I don't necessarily buy the fact that the market is voting that the economy is just weakening outright overnight," Charles Schwab senior investment strategist Kevin Gordon told Yahoo Finance. "I think it takes a little bit longer, for us to get a sense of that." To Gordon, the recent market reaction to the jobs report was in sync with sentiment showed by investors following big tech earnings. In both cases expectations were likely too upbeat compared to the actual data.
DHAKA, Bangaladesh — Sheikh Hasina, the longest-serving prime minister in Bangladesh’s history, resigned and fled the country on Monday, bringing a tumultuous end to her 15-year rule as an extraordinary wave of protest succeeded in toppling her government.The tech industry already has its own culture, but for women of color, standing out while advancing her career can be both challenging and rewarding.
HII’s Enlighten Subsidiary Expands Office to Provide Enhanced Support for Big Data Operations and National Security Capabilities The industrial enzyme market is driven by increasing demand in the food & beverage, biofuel, and detergent industries, thanks to their efficiency in catalyzing biochemical reactions. Advancements in biotechnology and a shift towards sustainable processes further boost growth. However, high production costs and regulatory hurdles can restrain market expansion.