Market Rebound After A Very Tough February

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ValueWalk

In hisDaily Market Notes report to investors, Louis Navellier wrote: Market ReboundRates lower, stocks higher. Powell testifies to Congress this week. Stocks continued their rally since rates broke last Thursday. The 10-year dropped below 3.9% pre-market but ran back to 3.94% after the open, but it didn’t stop the market from continuing to rise. The 2-year bottomed at 4.82% and has since bounced back to 4.85%. It was time for a rebound after a very tough February. Q4 2022 hedge fund letters, conferences and more The US dollar index has fallen back to 104.25 after almost hitting 105 last week. …

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