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Netflix Big Earnings | Daily Stock Market Wrap 4/18
Posted
April 18, 2024
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April 18, 2024
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1:38Now PlayingThe world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer. Treasuries fell across the US curve — with two-year yields once again near the 5% mark. When asked about the possibility of hiking, Fed Bank of New York President John Williams said that while it is “not” his baseline expectation, it’s possible, if warranted. The S&P 500 dropped for a fifth straight session — its longest losing run since October.
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