![](https://img.tg-me.com/icon/Lo/joinchat-LomoT4pw5jg2Mjc1.jpg)
💬 Discuss Group: @Mod_AppStoreDiscuss
© Copyright Complaints: @MASFeedBot
🎲 Buy an Ad: @MAS_Ads
💳 Donate:
UPI: modappstore@pingpay
PayPal: https://bit.ly/3p7klqr
BTC: @MASFeedBot
✅ Since 26 January 2020
Made With ♥️ In 🇮🇳
MOD APPS STORE
tg-me.com/joinchat-LomoT4pw5jg2Mjc1
MOD APPS STORE Telegram | DID YOU KNOW?
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
MOD APPS STORE from IDभारत IN telegram Group & telegram Channel 50
![](https://img.tg-me.com/icon/Lo/joinchat-LomoT4pw5jg2Mjc1.jpg)
Created:
From: INDONESIA and भारत
Telegram MOD APPS STORE, 812957 Telegram Group & Telegram Channel INDONESIA, INTelegram MOD APPS STORE, 812957 Telegram Group & Telegram Channel, भारत,
https://t.me/joinchat/LomoT4pw5jg2Mjc1