Good morning. Stocks slipped in early trading on Tuesday as long-dated bond yields rose and speculation of a rate hike this year grew.
Oil prices (CL=F) jumped after President Trump vowed to hit Iran "hard," stoking fears that above-target inflation will follow on the heels of a strong earnings season and prompt Federal Reserve officials to tighten monetary policy.
The 10-year Treasury (^TNX) yield hit its highest level since January 2025.
Here's a check of the markets in the first few minutes of trading on the first trading day of September, based on a heat map powered by Yahoo Finance AlphaSpace data.
Though September is historically the weakest month for stocks, software enters it on the heels of recent momentum, while much of the physical AI trade appears to be on the defensive.
#trading #Trump
Oil prices (CL=F) jumped after President Trump vowed to hit Iran "hard," stoking fears that above-target inflation will follow on the heels of a strong earnings season and prompt Federal Reserve officials to tighten monetary policy.
The 10-year Treasury (^TNX) yield hit its highest level since January 2025.
Here's a check of the markets in the first few minutes of trading on the first trading day of September, based on a heat map powered by Yahoo Finance AlphaSpace data.
Though September is historically the weakest month for stocks, software enters it on the heels of recent momentum, while much of the physical AI trade appears to be on the defensive.
#trading #Trump
2 months ago
