Indexes Hit By Late-Session Selling; Novo Nordisk, Fifth Third, APO In Focus
The 10-year yield jumped back near the 4% level.
January 4, 202415m 9s
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Show Notes
Interest rates rose as weekly jobless claims fell more than expected, while private employers added 164,000 jobs, much more than expected. Merck and Amgen outperformed in the Dow Jones. Financial stocks also did well. Apollo Management and Novo Nordisk gave buy signals, while Fifth Third Bancorp continues to show strength and support ahead of a busy week of earnings reports in the financial sector.
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