- June 15, 2021
- Posted by: Stratford Team
- Category: Business
Strategas Research Partner Chris Varrone, SlateStone Wealth chief market strategist Kenny Polcari and Kaltbaum Capital Management President Gary Kaltbaum discuss the 10-year Treasury yield, inflation and today’s markets.
U.S. equity markets were little changed Tuesday as investors sifted through hot inflation and weak retail sales data and the Federal Reserve kicked off its latest policy meeting.
Ticker Security Last Change Change %I:DJI DOW JONES AVERAGES 34236.94 -156.81 -0.46%SP500 S&P 500 4244.39 -10.76 -0.25%I:COMP NASDAQ COMPOSITE INDEX 14100.573455 -73.57 -0.52%
The Dow Jones Industrial Average rose 21 points, or 0.06%, while the S&P 500 was flat and the Nasdaq Composite slipped 0.15%. Both the S&P and the Nasdaq finished at all-time highs on Monday.
Economic data out Tuesday morning showed May retail sales fell 1.3% month over month, missing the 0.8% decline that was expected. Additionally, producer prices last month jumped 6.6%…
