Indexes Rebound Bullishly; Salesforce, Aehr Test Systems, Dexcom Are Big Movers
S&P 500, Nasdaq rebound, shrugging off hot yields.
March 2, 202312m 0s
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Show Notes
The S&P 500 and Nasdaq opened solidly lower as the 10-year Treasury yield raced above 4% on jobless claims and eurozone inflation data. But the major indexes rebounded from and above key levels. The Dow Jones led, fueled by Salesforce surging on earnings. Aehr Test Systems had a wild day on Tesla-related fears. Dexcom, which had its own existential threat last week, jumped near a buy area on positive Medicare news.
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