Today we've got interest rates moving significantly lower and that's prompting a rally in equities. The productivity data was the main impetus.
We've got a fairly nice rally going and I don't see any reason why it would discontinue at this point.
It's a continuation of the rally we've had from earlier in the week, which was prompted by the release of the Fed notes. Today's lower-than-expected employment numbers have continued the rally.
It looks like the tech rally has had a little hiccup. It will take markets lower tomorrow across the world.
It looks like the tech rally has had a little hiccup and it will take markets lower tomorrow across the world.