Yahoo Finance’s Jared Blikre joins Asking for a Trend with Wednesday’s trading takeaways, beginning with the divergence in the Dow (^DJI) and Nasdaq (^IXIC) over the last five days. While the Dow has been under pressure, the Nasdaq has net risen, Blikre says. He attributes this change to a difference in Treasury yields and a shift in investors’ approach as they look for safety.
Blikre adds that volatility is picking up in the Vix (^VIX), which he calls “an official yellow flag,” and also trending up the bond market. He further discusses how BlackRock’s spot bitcoin ETF (IBIT) is overtaking Grayscale’s (GBTC) in total assets.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This article was written by Gabriel Roy
Video Transcript
Markets closing lower after a spike in Treasury yields unsettles investors.
Investor concerns eclipsing the A I rally in NVIDIA and here with more…
