Business:Investing
Markets are looking up today after having stabilized since Monday’s rout, with investors weighing corporate earnings up against the uncertain outlook for global growth. The dollar has remained steady since yesterday’s gains and the treasury yields edged lower.
The 10 year Treasury yield has fallen further, below 1.2%, which is the lowest level since February. Traders have pared bets on Federal Reserve tightening. This morning, traders have been trying to gauge how long a bout of volatility and growth angst will last, after being acquainted to retail investors buying dips in stocks. The other thing everyone is looking toward is the Fed and whether it will continue to support the economic revival with ultra low rates well into next year.
Tune in to hear what's moving Tuesday's market and where to trade to end up in green.
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