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T&G Daily Recap #84: Dow Rallies While Tech Tanks ๐Ÿ“ˆ Inflation Jitters & Oil Prices Surge โ€“ Whatโ€™s Next for Markets?

Markets are in a frenzy! ๐Ÿš€ The Dow pops higher while the Nasdaq stumbles as inflation fears and rising Treasury yields weigh heavy on tech.

Our Daily Market Recap Podcast is brought to you by | In todayโ€™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, hereโ€™s what you need to know:

  • Treasury Yields: At 4.8%, theyโ€™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? Donโ€™t count on them anytime soon.

Looking ahead, all eyes are on Wednesdayโ€™s CPI report. Will inflation spike or stay tame? Stay tuned for the latest market updates.