M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Quick End of Day Post for US Session Nice intra-day reversal for stocks with the major indices all ending higher on the day (breaking a 2-day losing streak). Once again, tech names out-performed, pushing the NASDAQ up 1.2% (relative to 0.4% for the S&P and 0.1% for the Dow). The 10-year yield closed at 0.63%. Oil also had a strong day, with WTI up 7.0% and WTI 5.5%. #oil #markets #economy #bonds #stocks
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