For the S&P 500, the technical line in the sand is 2,816, while 10-year yields are desperately clinging to 2.61% support that has held for the past few months.
Global equity markets had a rough week, but the US staged a nice intraday rally on Friday after an NFP-driven gap lower. Global economic data has been rough, but there are reasons for optimism. For the S&P 500, the technical line in the sand is 2,816, while 10-year yields are desperately clinging to 2.61% support that has held for the past few months.
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