TREASURY YIELDS ROSE ON THURSDAY
upon the release of positive economic data on the labor market calming fears of a slowing economy,
10-year Treasury note increased 3.4 basis points. Equities settled lower as
investors anticipate a lackluster quarterly earnings
season set to kick off this Friday. Chief equity strategist Terry Sandven at U.S. Bank Wealth Management sees opportunity,
“Expectations for first-quarter results have been ratcheted down on the heels of sluggish global growth, so the bar is low and it could set the stage for upside surprises”.
S&P
-0.11%,
DOW
-0.19%,
NASDAQ
-0.31%
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