OPMEM // 𝐎𝐅𝐂. 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄

OPMEM // 𝐎𝐅𝐂. 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄

OPMEM // 𝐎𝐅𝐂. 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄 Telegram | DID YOU KNOW?

The Dow Jones Industrial Average fell 230 points, or 0.7%. Meanwhile, the S&P 500 and the Nasdaq Composite dropped 1.3% and 2.2%, respectively. All three indexes began the day with gains before selling off. Markets continued to grapple with the economic and corporate earnings implications relating to the Russia-Ukraine conflict. “We have a ton of uncertainty right now,” said Stephanie Link, chief investment strategist and portfolio manager at Hightower Advisors. “We’re dealing with a war, we’re dealing with inflation. We don’t know what it means to earnings.” Friday’s performance was part of a larger shift. For the week, the Dow, S&P 500 and Nasdaq fell 2%, 2.9%, and 3.5%, respectively. That hurt tech stocks. For the past few weeks, the 10-year yield has traded between 1.72% and 2%, as traders moved into the bond for safety when Russia headlines were ugly—and out of it when headlines improved. Now, the yield is touching its pandemic-era high. If the yield breaks above that level, that could signal that it’s on a sustainable path higher. Higher long-dated bond yields make future profits less valuable—and many tech companies are valued on the basis of profits forecast for many years in the future.
OPMEM // 𝐎𝐅𝐂. 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄 from us

OPMEM // 𝐎𝐅𝐂. 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄ㅤㅤㅤㅤ🕰 𝐋𝐎𝐊𝐀𝐋𝐀𝐍 𝐇𝐘𝐁𝐄 🕰

◇ Ᏸot official — @LokalanHybeBot

▧ Ꮲertemanan ? [ OPEN ]
◆ BOT — @BestiLokalanBot — ◇
☆ LIST — @temanlokhybe — ★

Open Telegram