Yields Are Making It Difficult To Prompt Buying

Stocks are attempting to stabilize, notes Nathan Peterson. He and Cooper Howard discuss how rates and the U.S. dollar continue to rise. Nathan mentions that yields are making it difficult to prompt buying, and there is a potential head and shoulders top formation in the S&P 500. They talk about technical patterns to track in today’s market. Cooper notes that yields are sharply higher on the day and the government shutdown may complicate the Fed’s job. They then go over what the upside potential is for treasury yields. Tune in to find out more about the stock market today.