Markets rally after Monday's sell off
Yahoo Finance’s Jared Blikre weighs in on the latest market action on On The Move.
Video Transcript
ADAM SHAPIRO: As we take a look at markets, Jared Blikre, it seems markets like this news of potentially another $200 billion for the PPP.
JARED BLIKRE: Yeah, we've seen the equities come back from their lows. Dow had been up as much as 900 on the open, up 584 here. NASDAQ really underperforming. That's one point-- up 1.39% for the day. Russell 2000 up nearly 3%. A lot of that has to do with the 10-year T-note yield. It's up nine basis points here, after being up nine basis points yesterday. And the US dollar index finally coming down after a three-day rally here. And then finally, gold is at a multi-year high, seven-year high here. And I just want to show you the heat map real quick. Lots of green, Adam. Press your pause button because I got to go.
