Few Bulls Standing Amidst Rising Market Volatility
Sep 30, 2022
• 3
Min Read
Good Evening,
There is an adage on Wall Street: Markets take the staircase up, and the elevator down. This week, however, markets got excited and took the elevator both ways in a rollercoaster tape for the stock market.
The major averages took a unanimous tumble this week, with both the DOW and S&P 500 ending down -2.91% and the NASDAQ falling -2.6%. The NASDAQ held up best out of the major averages as treasury yields and the US Dollar paused their ever-lasting rally higher. Yields actually fell slightly on the week, with the 2Y and 10Y Treasury Yields trading at 4.26% and 3.8...