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Yields Soar, Stocks Take A Beating; Alphabet, Halliburton, Ferrari In Focus

Yields Soar, Stocks Take A Beating; Alphabet, Halliburton, Ferrari In Focus

Few areas spared as stocks test lows.

Stock Market Today With IBD · Investor's Business Daily

October 3, 202312m 16s

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Show Notes

Strength in the labor market from the latest JOLTS report sent the 10-year yield soaring and puts more attention on the jobs report Friday. Market breadth continued to suffer as stocks got pummeled. Still, it’s a good idea to keep watch lists fresh with Alphabet and Halliburton showing potential support at their 50-day lines. But you could also have a watch list of stock to short like Ferrari.

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