M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
Quick Market Update Accompanying the sector rotation trade in US markets, a late session surge in stocks takes the Dow's gain to above 500 points (over 2% on the day), the S&P 1.4% and NASDAQ 0.7%. Oil prices have been more volatile, with WTI down over 4%. Yields haven't moved much, on track to close 2 bps lower at 0.68%. Gold is essentially unchanged. #markets #stocks #stockmarket #equities #yields #investing #bonds #economy #investmentmanagement #oil #gold
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