Stocks plunge while yields climb, oil hits highest level since October
Portfolio Pulse from
Stocks experienced a significant decline as yields increased, and oil prices reached their highest level since October. David Zervos from Jefferies and Bob Elliott from Unlimited discussed the market's movements.
January 10, 2025 | 10:00 pm
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POSITIVE IMPACT
BNO, an ETF tracking Brent crude oil, is likely to see a positive impact as oil prices reach their highest level since October.
BNO is directly linked to Brent crude oil prices. With oil reaching its highest level since October, BNO is likely to experience a positive price movement. The ETF's performance is closely tied to oil price fluctuations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80