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S&P 500 futures dip after six-day winning streak

Por: MarketWatch Business November 07, 2023

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What’s driving markets The latest equity market rally was showing signs of losing some steam early Tuesday. Traders were adopting a more cautious tone after last week’s plunge in bond yields — on hopes the Federal was now finished raising interest rates — sparked a 6% jump for the S&P 500 in just six sessions. Implied borrowing costs have been the primary driver of stocks of late. The 10-year Treasury yield , which hit a 16-year high... + full article



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