🧵 1. Stocks rise as S&P 500 futures breach 5k, tech and consumer sectors outperform, while 10yr bonds see mild losses despite strong auction. #finance
🧵 1. Stocks rise as S&P 500 futures breach 5k, tech and consumer sectors outperform, while 10yr bonds see mild losses despite strong auction. #finance
🧵 2. Fed's Kugler suggests potential rate cuts in the future if disinflation progress stalls but remains optimistic on services inflation.
🧵 3. Fed's Barkin advises patience on rate cuts due to economic uncertainty, concerned about a potential rebound in goods prices.
🧵 4. Crude prices gain on geopolitical tensions, Israel rejects proposed ceasefire, negotiations for a new ceasefire proposal in Egypt on Thursday.
Israel is really in this war to win it
🧵 Read more at: https://www.zerohedge.com/markets/stocks-rise-see-spx-test-5k-while-yields-chop-nycb-and-supply-newsquawk-us-market-wrap