The stock market held up relatively well in light of earnings sell-offs for Walmart, Cisco Systems and Palo Alto Networks. Bond yields fell after some Fed-friendly economic data that showed jobless claims up more than expected and weak manufacturing data. Monday.com, Ryanair and Chipotle have been rising in heavy volume, a rarity in the stock market these days.
The stock market held up relatively well in light of earnings sell-offs for Walmart, Cisco Systems and Palo Alto Networks. Bond yields fell after some Fed-friendly economic data that showed jobless claims up more than expected and weak manufacturing data. Monday.com, Ryanair and Chipotle have been rising in heavy volume, a rarity in the stock market these days.