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XLC - Market Volatility Bulletin: Stocks Are Feeling The Bern
The Communication Services Select Sector SPDR Fund
Market Intro
CNBC - 12:47PM EST
US stocks (SPY, DIA, QQQ, IWM) are defying the tone of a down-drift set in the Asian (AAXJ) and European (VGK) markets, pressing higher and testing one-month highs in the process.
The 10YR UST (IEF, TLT) yields about .75%, and spot WTI (USO) is trading at about $24.50. The USD (UUP) is holding its ground on the session, and spot VIX is down about 7.5% to 43.50.