The bulls scored a nice victory today but it took a reversal in yesterday's bond market action to make it happen. US 10-year yields fell 5 bps and that was the catalyst and the spot to watch tomorrow.
Closing changes:
- S&P 500 +0.95%
- Nasdaq +0.94%
- Russell 2000 +1.6%
- Dow +0.8%
We're consolidating in a relatively narrow range at the moment in the S&P 500.
SPX daily
