Daily Market Report | 06/07/2023
Pence Wealth2023-06-07T10:52:22-07:00Daily Market Report | June 7, 2023 US FINANCIAL MARKET Treasuries Slide after Surprise Canada Rate Hike: Markets Wrap - Bloomberg, 6/7/2023 US stocks drifted as a rally in technology stocks wavered, and US Treasuries fell after an unexpected increase in Canada’s interest rates. The S&P 500 was little changed after earlier gains in technology and commodity stocks. The Nasdaq 100 fell 0.7%. The Dow Jones Industrial Average was little changed. Crude oil futures in New York jumped 1.4%, driving energy producers higher. However, gains in the broader market were fleeting as traders briefly [...]