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CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Down. You can see the nasdaq down more than a ercent. Not such great action, either, in sectors, sara, with an echo of yesterday as well. Where energy and maybe staples were the only green arrows. Today its energy and utilities. The tenyear yield is back to 43, which is the cycle high. The data we got this morning, also not helpful. Better news for the economy, services came in a little bit stronger. But bad news for investors that are cheering on the whole disinflation story, because services, a key part of whats hot in this economy, could mean that inflation a little bit stickier than we thi...

CNBC Squawk July 3, 2024 - Vimarsana News

CNBC Squawk July 3, 2024

Is waiting to see, even when you look at the market it looks like the 10year is sitting above 4. 3 the 2year well above 5 then youve got crude oil prices that are creeping closer and closer to 100 actually this morning theyre off by 1 , back to 22. It was around 93 yesterday. A lot of concerns over at Goldman Sachs. Theyre suggesting they they 12 months from now the price will be 100 for a barrel of wti. Weve been talking about this it would filter through, but the you know, it depends on how you believe. Theres two sides to everything, it seems like. I could debate either side it does hurt de...

'Down Rounds' Signal Bumpy Road for FinTech IPO Index - Vimarsana News

'Down Rounds' Signal Bumpy Road for FinTech IPO Index

The FinTech IPO Index has rallied a bit this year but is still trailing its closest benchmark, and the majority of names in the Index trade as “busted” IPOs.

Source: pymnts.com