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Barchart
Barchart
Rich Asplund

UNBELIEVABLE: Stocks see support as bond yields fall on powell comments - The Untold Story

The S&P 500 Index ($SPX) (SPY) this morning is up +0.07%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.06%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.10%. 

US stocks this morning are slightly higher, with the Nasdaq 100 posting a 1-month high.  Stocks pushed higher as bond yields fell due to dovish comments from Fed Chair Powell, who said he doesn't think it's likely that the Fed's next move would be a rate hike. 

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