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Now since last october theres the tenyear 4. 26 . As a result, the dow not able to get much going today and safe for the s p tech and discretionary names, obviously thats hurting the nasdaq too as names like apple and microsoft remain, well call it, a bit edgy it takes us to our talk of the tape, the state of this market and where it might be heading from here. Lets ask liz ann shononders good to see you. You too we felt unsettled, its fair to say, over the last couple weeks. Where do you think were going from here . You had a distribution day yesterday, some weakening in breadth, but youre not yet seeing the kind of defensive leadership that you might see when youre getting toward the end of a consolidation period. It doesnt feel like, absent a catalyst, that this is going to unwind in spectacular fashion, but it is it feels like theres probably a bit more consolidation to go. What i wouldnt mind seeing is a continued profit taking, maybe up the cap spectrum into those prior high flye ....
Manus im manus cranny. We have got the pmi. We have the composite that comes in better. Germany slow down 54. Francine both manufacturing and services. We are better than expected. Manufacturing unchanged, but the services rising from a year earlier. That is the pmi data. The top story this week being the ecb. Lets take a look at the big market moves following draghis press conference. Ryan interestingly have not seen the euro strengthen very much at all on the back of the pmi reading which beat expectations. This is the euro over the last two days. It was tanking. It tanked for 11. 5 hours after mario draghi started speaking. Everyone anticipating more helicopter money on the way. Its settles a bit now. You look at the options market. Increasingly sense draghi started speaking yesterday, traders are getting more and more bearish on the euro. Lets go and look at the stoxx 600. A second day on fire. It rose 2 yesterday on the comments from mr. Draghi. And it is up again today about 1 . ....
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/PRNewswire/ The global telecom cloud market size is estimated to grow by USD 31.53 bn from 2023 to 2027, according to Technavio. The market is estimated to. ....