US Market Breadth Shows Historically Narrow Reading
U.S. stocks declined as rising oil prices and bond volatility impacted market breadth. Investment experts suggest that inflationary pressures on factories continue to create market uncertainty.
A rally in oil prices spurred renewed bond volatility and drove stocks lower, with the market extending losses after data showed factories are contending with inflationary pressures. Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, talks about her market outlook and staying invested amid 2H volatility. (Source: Bloomberg)
READ NEXT
More on the wire
AI TLDR
South Korea's military reported that North Korea fired at least one projectile toward its eastern waters.
AI TLDR
Donald Trump is scheduled to hold a rally in Mobile, Alabama, to encourage voter turnout. The event is part of a broader effort to support Republican candidates and boost engagement in red states.
AI TLDR
A California city suspended weekend bus service following the fatal shooting of a driver. Authorities are currently searching for the gunman.