Market Snaps Back As Techs Lead. Lululemon, Toll Brothers, Boeing In Focus
Indexes erase a lot of damage from last week’s rout.
Stock Market Today With IBD · Investor's Business Daily
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The major indexes got a strong start for the week as they built on gains throughout the day. The 10-year treasury yield may have trouble holding above 4% on the near term. In addition to tech, consumer stocks were alive and well with Lululemon Athletica turning a loss into a gain with support at its 21-day line. Home builders were strong as Toll Brothers popped back above 100. But it wasn’t all rosy. Boeing dropped on news which brings up loss-cutting strategies when stocks don’t work out.
Learn more about your ad choices. Visit megaphone.fm/adchoices