Stocks Fall But S&P 500 Holds Key Level; Eli Lilly, Itron, GOOGL In Focus
Manage episode 413081850 series 3568872
The 10-year Treasury yield dropped 7 basis points to around 4.59%, but sellers still hit growth stocks hard. Oil fell 3% to around $82.75 a barrel. Eli Lilly initially popped on positive news but couldn’t hold gains; Itron is setting up in a nice base; Google parent Alphabet is still showing strength with a relative strength line near highs.
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