The major indexes got a strong start for the week as they built on gains throughout the day. The 10-year treasury yield may have trouble holding above 4% on the near term. In addition to tech, consumer stocks were alive and well with Lululemon Athletica turning a loss into a gain with support at its 21-day line. Home builders were strong as Toll Brothers popped back above 100. But it wasn’t all rosy. Boeing dropped on news which brings up loss-cutting strategies when stocks don’t work out.
Stock Market Today: January 8, 2024 Hosts: Justin Nielsen & David Saito-Chung
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