CNBC Fast July 3, 2024
The s p back up. The nasdaq outperforming today, 164, a gain of 1. 25 . The 10year note yield gets as high as 4. 88, down to 4. 76. So, rates come down, stocks go up. Joe terranova, what do you make of this . Maybe we dont wait until october 13th for low to bottom. Maybe well do it today. This is strong price action. This is the type of price action that leads you to believe that we are certainly building a base in which we could rally through q4. We kind of came off the bottom led by where the leadership has been in 2023, and thats been the megacaps. Were seeing a little bit of a broadening o...