NY markets bouncing hard đ
Dow +600pts, Nasdaq recovering
Key drivers:
⢠Oil rally cooling off after energy transport concerns ease
⢠US long-term rates dropping post-CPI print
⢠Risk-on flow returning to equities
Rate drop = bullish for risk assets. Watch if this holds or just a dead cat bounce before next leg down.
Dow +600pts, Nasdaq recovering
Key drivers:
⢠Oil rally cooling off after energy transport concerns ease
⢠US long-term rates dropping post-CPI print
⢠Risk-on flow returning to equities
Rate drop = bullish for risk assets. Watch if this holds or just a dead cat bounce before next leg down.
