FBC Varney July 4, 2024
The numbers coming in a little hotter than weve seen recently. The index went up 0. 89 in the 0. 8 in the last 12 months. The dow industrials turning south, were down 9 a 5 points. Nasdaq, south, down 105 points. A little hotter inflation doesnt go down well on the stock market. Interest rates going up right after the inflation news. Look at that, the yield on the 10year sorry, thats the 2year. The yield on the 10year is 4. 16. Look at the 2year, the yield there is 4 and something, getting close to 5, youre at 4up. 89 right now. So 4. 89. Interest rates up, stocks down. Energy inflation, thats...