馃煡 Dolor tor谩cico: NUEVAS gu铆as 2021 para la evaluaci贸n y el diagn贸stico. 鉃★笍 Traducci贸n de gu铆as. 鉃★笍 Descarga tabla de evidencia 鉃★笍 Descarga otros recursos
馃煡 Dolor tor谩cico: NUEVAS gu铆as 2021 para la evaluaci贸n y el diagn贸stico. 鉃★笍 Traducci贸n de gu铆as. 鉃★笍 Descarga tabla de evidencia 鉃★笍 Descarga otros recursos
Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
If riding a bucking bronco is your idea of fun, you鈥檙e going to love what the stock market has in store. Consider this past week鈥檚 ride a preview.The week鈥檚 action didn鈥檛 look like much, if you didn鈥檛 know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
