February 16, 202300:02:09

Market Update 2-16-23

In this episode Scott Becker shares a quick market update:

The major indexes closed slightly higher yesterday. The Dow rose .1%, the S&P 500 .3%, and the Nasdaq up .9%. Futures point slightly down to mixed early this AM. Treasury yields have jumped the last few days. The 1 year is above 5%, the 10 year rose to 3.81% and 2 year rose to 4.59%. Airbnb jumped 13% yesterday. Chip maker TSMC fell 5% on news that Berkshire/Buffett sold a good deal of shares in the firm. Oil is close to $79 a barrel. Bitcoin jumped more than 10% yesterday to $24,600. Roku had a much better quarter than expected and its shares jumped 11% after hours.
No transcript available.