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Back and Forth on Oil and NVDA
Bonds began the overnight session in roughly unchanged territory and were mostly sideways until just after 8am when Trump said "we don't need a deal with Iran." Oil prices and bond yields spiked in response. There was a modest recovery in response to NVDA announcing Huang resigning as CEO but now more selling pressure as the NASDAQ recovers at the 9:30am NYSE open.
Latest closeNasdaq Comp. 25,074.85 ▼1.1%
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Mortgage News DailyBack and Forth on Oil and NVDA