FBC Varney July 3, 2024
Stuart the boys are back in town. Ive been away a few days but they are back in town. Good morning. It is 10 00 straight to the money. Plenty of red ink. Some dow stocks down big contributing to the 200 point loss. Caterpillar down accounting for 50 points of the loss, it accounts for 30 points off of the dows loss. The 10 year treasury yield about 460, up 466 and the 2 years above 5 , that hurts stocks. The price of oil 82 a barrel, bitcoin struggling to stay above 60 grand, 60,600 right now. Latest read on Consumer Confidence may have significant market effect, the Consumer Confidence number...