Tech Leads Dow Rebound for Third Straight Day, Jan. 8, 2024

Even while Treasury yields are falling, the price of bitcoin is going up. Recentest Updated: 

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What Accomplished? At this time Monday was a day of rallying for technology stocks, and the Dow Jones Industrial Average ended the day with its third consecutive daily gain.

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With the release of the Consumer Price Index report for December on Thursday, investors are looking forward to the inflation statistics that will be released this week.

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With the release of the Consumer Price Index report for December on Thursday, investors are looking forward

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to the inflation statistics that will be released this week. Considering that the annualized change in the Consumer Price Index

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 (CPI) is anticipated to be close to its lowest level since March of 2021,

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there is a growing expectation that the Federal Reserve may begin reducing interest rates as soon as March.

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The yield on the benchmark 10-year Treasury note is currently at 3.98%, which is a slight decrease from the previous week's level within the bond markets.

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Stay tuned for more

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