CNBC Squawk July 3, 2024
Today, a rare one. Key bank is lowering estimates. And looking beyond the pullback, deutsches chief u. S. Equity strategist on what it would take for the market to return to rally mode. First up, topping tape for us. The move in the tenyear, as the market remains squarely focused on these moving bond yields, and they have been moving higher. Weve got the s p 500 losing some early gains, now down 0. 2 . Nasdaq is holding in there, up a third of 1 . Part of it is the relief youre seeing in treasury yields, its now 4. 78 . Is the market stuck until rates top out . Lets bring in cnbc senior market...