BLOOMBERG Bloomberg Bottom Line June 22, 2024
Market because it seems to push most economists in favor of a rate hike in september. By right now we have the s p 500 down of almost 1 . The nasdaq is off 9 10 of a percent at 5000 11. Take a look at treasuries. Some buying here pushing yields down. About four basis points on the 10year note. That jobs number came in a little shy of the estimate in but if you look at all of the component pieces of the job report, it actually looks fairly strong. You have growth in wages, a strong number of hours i more americans working, earning more money. Mark we will get some context in a moment. List to g...