Steve Sosnick, Interactive Brokers’ chief strategist, discusses why there have been some recent rallies and sell-offs in the market.
Will market lows be tested over the next few sessions?
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Interactive Brokers Traders Insight
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Kind of surprising, no?
Rising bond yields weighed on stocks throughout the week, as economic data pointed toward a potential need for further rate hikes. China’s flailing economic recovery and warnings of potential bank downgrades added to the market’s woes.
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