Monday, 11 January 2021

Nasdaq 100 Forecast: Stock Leaders Take Backseat as Bond Yields Rise

Stocks opened lower for the week with the technology sector, and tech-heavy Nasdaq, leading declines. As yields rise and equity alternatives grow, some hot stocks could come under further pressure.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...