Markets, cautiously up on the nasdaq at the moment,. 3 . Big week. Weve got the fed, all important claims, jobs data on friday. We are seeing a 10year yield of diving back four or five basis points ahead of the Federal Reserve and where we see the economy and the Interest Rate environment going. Notably, a lot capturing the attention in japan at the moment. Some of the training is going to be more muted, but with the yen its big volatility over the dollaryen, which goes higher. Was it japanese boj intervention . They remain mum on the subject. Bitcoin, down against the u. S. Dollar by 1. 25 with a risk off yield more generally and etf frozen. What are you looking at on the micro . Ed tesla, which is a big, almost surprise story. Just a few tenths of a percent away from its biggest jump since january of 2020 two. Similar to the gains we saw april 24. Full self driving in china according to a bloomberg source. Two subsets of that. A partnership with baidu on income mapping, specifically
Your biggest mover in the s p 500 is on the upside and revenue estimates are lagging behind key Industry Data that falsely aligns with Company Sales but demand from the ev makers is a bright spot for the ev industry is global sales drop. Bloomberg is reporting that the ford commercial unit is expected to become the most profitable segment this year. Nvidia is recovering moderately after huge drop after they lost market value and a percent drop friday. The rebound comes as we await tech earnings from multiple magnificent seven stocks. About 180 s p 500 companies represent 40 of the market cap will report Earnings Results this week. The latest survey shows many on wall street are confident this will in reinvigorate the s p 500 after struggles for a monthlong. We have the details. Will this earnings season really save the s p 500 and investors in big tech from the route we saw last week, the worst since 2022 . So far it seems yes and the attention will shift away from Interest Rates in th