A rally day on Wall Street and a thorough explanation in today’s DC Today podcast!
MARKET ACTION
Dow: +549 points (+1.88%)
S&P: +1.97%
Nasdaq: +2.05%
10-Year Treasury Yield: 3.73% (-23 basis points)
Top-performing sector: Energy (+4.40%)
Bottom-performing sector: Technology (+0.92%) – worst sector still up by almost 1%, and this was heavily weighed down by Apple being negative
WTI Crude Oil: $81.88/barrel (+4.31%)
Key Economic Point of the Day: National Rent Report showing national residential rents down -0.2% month-over-month, first monthly median decline in over two years
