CNBC Closing July 2, 2024
Yield. Oil down for a Third Straight day. Back into the low 80s on wti crude. Small caps had been outperforming much of the day. Banks, though, continue to lag. They have certainly been pulling up the rear for much of the last several months. We begin with our talk of the tape. Is the threemonth market pullback driven by macro and Interest Rate concerns running its course as the final earnings season of the year gets under way or will the bolts remain penned in by higher rates and fears of slowing growth and whatever else we can think of. Lets ask adam parker, cnbc contributor. Adam, i dont kn...