Tech stocks drop amid a renewed sell-off in US bonds, putting pressure on the Federal Reserve
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Tech stocks drop amid a renewed sell-off in US bonds, putting pressure on the Federal Reserve
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Investors continue to snap up U.S. Dollars after rising bond yields as well as optimism around the U.S. economic recovery. USD/JPY extends as Japanese Yen loses favor.
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GBP/USD continues to trade just under the 1.40 level, with no sign yet of either a break higher or a break lower. Wednesday’s UK Budget had little in it to affect GBP.
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Short selling is a great way to trade on a falling market. Learn how to short stocks
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Federal Reserve Chairman Jerome Powell’s upcoming speech may dictate the near-term trajectory of the US benchmark Dow Jones Industrial Average and S&P 500 equity indices.
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