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US Close: Stocks rotate out of Nasdaq into Dow and Russell, Dollar down - MarketPulse

US Close: Stocks rotate out of Nasdaq into Dow and Russell, Dollar down February 22, 2021SharePrint The higher Treasury yields move up, the quicker investors are rotating out of high-flying tech stocks and into stocks in the Russell 2000 Index and Dow Jones Industrial Average.  The move up in rates will not yet test the Fed’s patience and that should allow for Fed Chair Powell to maintain his dovish stance over his last couple of appearances. Powell will likely reiterate they are nowhere nea...
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