Major indexes are lower amid a rise in Treasury yields. A strong September jobs report could add to fears the Fed may raise rates to further combat inflation.
Portfolio Pulse from Bill Haddad
Major indexes are down due to a rise in Treasury yields. A strong September jobs report could exacerbate fears of the Federal Reserve raising rates to combat inflation.
October 06, 2023 | 2:04 pm
News sentiment analysis
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NEGATIVE IMPACT
The DIA ETF, which tracks the Dow Jones, may be negatively impacted by rising Treasury yields and potential Fed rate hikes.
The DIA ETF tracks the Dow Jones Industrial Average, which is sensitive to changes in Treasury yields and Federal Reserve policy. A rise in yields and potential rate hikes could lead to a decrease in the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The IWM ETF, which tracks the Russell 2000, may be negatively impacted by rising Treasury yields and potential Fed rate hikes.
The IWM ETF tracks the Russell 2000, which is sensitive to changes in Treasury yields and Federal Reserve policy. A rise in yields and potential rate hikes could lead to a decrease in the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The QQQ ETF, which tracks the NASDAQ-100, may be negatively impacted by rising Treasury yields and potential Fed rate hikes.
The QQQ ETF tracks the NASDAQ-100, which is sensitive to changes in Treasury yields and Federal Reserve policy. A rise in yields and potential rate hikes could lead to a decrease in the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The SPY ETF, which tracks the S&P 500, may be negatively impacted by rising Treasury yields and potential Fed rate hikes.
The SPY ETF tracks the S&P 500, which is sensitive to changes in Treasury yields and Federal Reserve policy. A rise in yields and potential rate hikes could lead to a decrease in the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80