Our Daily Market Recap Podcast is brought to you by | In today’s episode:
Markets are split as the Dow surged over 350 points on Monday while the Nasdaq faltered. With Treasury yields climbing to 14-month highs and inflation fears rattling investors, here’s what you need to know:
Treasury Yields: At 4.8%, they’re spooking growth-heavy sectors like tech.
Big Tech Struggles: Nvidia (-2%), Apple (-1%), and Meta (-1%) drag the Nasdaq lower.
Oil Prices Surge: Brent hits $81 on new Russian sanctions, tightening global supply.
Fed Outlook: Rate cuts? Don’t count on them anytime soon.
Looking ahead, all eyes are on Wednesday’s CPI report. Will inflation spike or stay tame? Stay tuned for the latest market updates.
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