SRAD - Wall Street Breakfast: Buying The Dip
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Buying the dip The dip-buyers who stepped in during the last hour of Wall Street trading yesterday are back again today, pushing stocks higher around the world. S&P futures (SPX), Nasdaq 100 futures (NDX:IND) and Dow Jones futures (INDU) are all up about 1%.In Asia, Japan's NIKKEI (NKY:IND) is lower, catching up with trading after a holiday on Monday, but Hong Kong's Hang Seng (HSI) is up more than half a percent. In Europe, the benchmark indexes in Frankfurt, London and Paris are more than 1% higher, with the broader STOXX 600 (STOXX) up 1%.Rates are paring losses, with the 10-year Treasury yield (NYSEARCA:TBT) (NASDAQ:TLT) up 3 basis points to 1.34%. And volatility is ebbing. The S&P VIX Index (VIX), also referred to as the fear
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Wall Street Breakfast: Buying The Dip