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Thursday, March 28, 2024

Stocks, Bond Yields Stumble On Trump Lawsuit, Draghi Disappointment

Courtesy of ZeroHedge. View original post here.

US equity markets were already rolling over when they got a double-whammy kick lower, first from Draghi practically admitting defeat over EU economic weakness and second from Democrats’ lawsuit against Trump

Add to those two headlines the fact that The S&P 500 and Dow broke their 50- and 100-DMA, and the markets took a dive…

Led by Nasdaq…

VIX spiked above 17…

Treasury yields are rolling over…

The Dollar remains higher but is fading since The Democrats’ lawsuit…

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