Small Caps Jump, Techs Slump As Prices Cool; KBH, URBN, AAPL In Focus

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Recorded11 Jul 2024

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Consumer prices cooled in June which fueled more bond buying. The 10-year Treasury yield hit its lowest level since March and fell 8 basis points to around 4.20%. Despite sharp declines for the Nasdaq and S&P 500, market breadth was overwhelmingly positive. KB Home and Urban Outfitters gave buy signals, while Apple’s decline was orderly. Learn more about your ad choices. Visit megaphone.fm/adchoices

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