Surging Yields Hit Most Stocks, But Not Nvidia, Super Micro, Costco
Blue chips, small caps, midcaps all hit correction lows.
October 2, 202313m 30s
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Show Notes
The major indexes tried to rally with a government shutdown averted, but the 10-year Treasury surged to a fresh 16-year high. Market breadth was terrible, with the Dow Jones, Russell 2000 and S&P MidCap 400 all hitting correction lows. Nvidia, Super Micro and Costco bucked the trend.
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