CBOE Interest Rate 10 Year T No (^TNX)
| Previous close | 4.6470 |
| Open | 4.5900 |
| Volume |
| Day's range | 4.5820 - 4.6310 |
| 52-week range | 3.2960 - 4.9970 |
| Avg. volume | 0 |
- Yahoo Finance Video
How best to safeguard your portfolio amid geopolitical risks
Israel has launched a retaliatory attack on Iran, but markets have shown a relatively muted reaction to the news. Carson Group Global Macro Strategist Sonu Varghese joins the Morning Brief to provide insights on how to navigate one's portfolio amid heightened geopolitical tensions. Varghese notes that the strike Israel launched was "smaller than expected," and although it initially weighed slightly on markets when first announced, stock futures are now trading flat on the news. However, Varghese emphasizes that these geopolitical tensions underscore the importance of maintaining "value in protection" when building investment portfolios. Varghese suggests that the key question to ask is: "Does this shift the macroeconomic regime that we are already in?" He explains that if the macroeconomic backdrop is already weak, "these sorts of geopolitical tensions add to that." Conversely, if the macroeconomic environment is strong, he does not believe that "geopolitical tensions will significantly exacerbate that." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Reuters
UPDATE 1-Markets price in less than three ECB rate cuts in 2024, Bund yield rises
The euro area benchmark Bund yield hit its highest in almost five months on Friday as demand for safe-haven assets receded, while investors reduced their bets on European Central Bank interest rate cuts after recent robust U.S. data. Markets now see fewer than three 25 basis point (bps) ECB rate cuts in 2024. Forwards on ECB euro short-term rates (ESTR) on Friday implied 72 bps of monetary easing from 85 bps early this week.
- Yahoo Finance Video
Stocks: S&P 500, Nasdaq close lower for fifth-straight day
Stock market indexes (^DJI, ^IXIC, ^GSPC) are a mixed bag with only the Dow Jones Industrial Average closing higher by a mere 0.06%. Thursday's session close marks the fifth straight day in the S&P 500 and the Nasdaq Composite's current losing streaks. Market Domination Overtime Co-Host Julie Hyman reviews the day's trading activity after the closing bell. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
