MORF - Wall Street Breakfast: What Moved Markets

Listen on the go! A daily podcast of Wall Street Breakfast's Alpha Talks will be available this morning on Seeking Alpha, iTunes, Stitcher and Spotify. Stocks powered higher after a slow start Friday as U.S. Treasury yields fell back from early highs. All major groups in the S&P 500 finished on the plus side, led by energy as crude oil futures rose to the highest in nearly two years. The 10-year Treasury yield, which had popped to 1.62% after U.S. jobs data came in stronger than expected, gave back six basis points to finish at 1.56%. The recent spike in yields has unsettled markets around the world, with high-flying tech companies bearing the brunt of the stock market rout as the Nasdaq continues to lag the major averages. For the week, the Dow Jones gained 1.8% thanks to the Friday rally and the S&P added 0.8%, but the Nasdaq still

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Wall Street Breakfast: What Moved Markets