đ Market Pulse â Oct 6, 2026đ„đ„
Wall Streetâs tech rally remains strong. On Monday, the Nasdaq gained 1.1% to close at a new record of 27,477.31, while the S&P 500 rose 0.7% to 7,773.95. Nvidia is also trading near record highs. đ$NVDAB
â ïž However, there is a major risk to watch â the 10-year U.S. Treasury yield is around 5.31%, close to its highest level since 2002. Higher yields could put pressure on equity valuations.$SPCXB
đąïž The oil market is also important. Brent crude is around $100.59/barrel, while WTI is near $89.73. Geopolitical risks in the Middle East continue to add a premium to oil prices.$MSFTB
âż Bitcoin is trading around the $85Kâ$86K range, with $87.2K being an important resistance level to watch.
My take: Momentum remains bullish, but elevated Treasury yields, high oil prices, and geopolitical risks are three factors that shouldnât be ignored.
Bullish on momentum, cautious on risk. đ
#MarketUpdate #stock s #NASDAQ #Bitcoin #BTC #Nvidia #trading #Investing
Wall Streetâs tech rally remains strong. On Monday, the Nasdaq gained 1.1% to close at a new record of 27,477.31, while the S&P 500 rose 0.7% to 7,773.95. Nvidia is also trading near record highs. đ$NVDAB
â ïž However, there is a major risk to watch â the 10-year U.S. Treasury yield is around 5.31%, close to its highest level since 2002. Higher yields could put pressure on equity valuations.$SPCXB
đąïž The oil market is also important. Brent crude is around $100.59/barrel, while WTI is near $89.73. Geopolitical risks in the Middle East continue to add a premium to oil prices.$MSFTB
âż Bitcoin is trading around the $85Kâ$86K range, with $87.2K being an important resistance level to watch.
My take: Momentum remains bullish, but elevated Treasury yields, high oil prices, and geopolitical risks are three factors that shouldnât be ignored.
Bullish on momentum, cautious on risk. đ
#MarketUpdate #stock s #NASDAQ #Bitcoin #BTC #Nvidia #trading #Investing
