Monday, August 24, 2020

DOW makes historical changes ...

 Exxon, Raytheon & Pfizer are out (oil & old pharma) and replacing them are:

Amgen, Salesforce & Honeywell- tech & biotech ..!

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fed left the rates unchanged

2 yr rates drop slightly to catch up further explained by the chief that market has moved ahead raising rates and not waiting for fed action...