equities Step Back After Fed Minutes; Loar, Monday.com, VRTX In Focus | Stock sector Today



The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas equities lagged badly, along with metals and mining equities. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base.

Stock sector Today: May 22, 2024
Hosts: Alissa Coram & Ken Shreve

Get more IBD by subscribing to our channel: https://bit.ly/3OqppAs

Visit our website: https://www.investors.com
Like us on Facebook: https://www.facebook.com/investorsbusinessdaily
Follow us on Twitter: https://twitter.com/IBDinvestors
Follow us on Instagram: https://www.instagram.com/investorsbusinessdaily/
Follow us on StockTwits: https://stocktwits.com/InvestorsBusinessdaily
Follow us on LinkedIn: https://www.linkedin.com/firm/investors-enterprise-daily
Follow us on TikTok: https://www.tiktok.com/@ibdinvestors

Investor’s enterprise Daily has been helping people invest smarter results by providing exclusive stock lists, investing data, stock sector research, education and the latest financial and enterprise news to help investors make more money in the stock sector.

#StockMarketToday #InvestorsBusinessDaily #IBD

© 2024 Investor’s enterprise Daily, LLC. All Rights Reserved. This information is provided “as is” for educational and informational purposes only and is not intended to serve as funding advice or for trading purposes. This information is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been authored from sources believed to be reliable, but no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Presenters may own the equities or other funding vehicles they discuss. You should not treat any opinion expressed as an inducement to make a particular funding or follow a particular approach, but only as an expression of opinion. The information and content are subject to change without notice. Past performance is not indicative of future results. This material does not take into account your particular funding objectives, financial situation, or needs, and is not intended as recommendations appropriate for any individual circumstances. You must make an independent decision regarding any funding suggestions covered by the material. Before acting on any funding suggestions from the material, you should consider whether it is suitable for your particular circumstances and consider seeking advice from your own adviser. Investor’s enterprise Daily makes no representations or warranties, and expressly disclaims any responsibility or liability, with respect to any errors or omissions in, or the accuracy, reliability, timeliness or completeness of, any information that appears in the videos, including in closed caption, which such closed caption is being provided solely for the convenience of our viewers and should not be relied upon as an accurate or complete record of the program.

Disclaimer:

If you own the YouTube channel related to this video and do not want it to be featured here, you can contact us through our contact page. We will gladly remove it without questioning your reason

Leave a Comment