1 Stock To Buy, 1 To Dump When Markets Open: Goldman Sachs, Robinhood – Investing.com
- Date: 09-Jan-2022
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
1 Stock To Buy, 1 To Dump When Markets Open: Goldman Sachs, Robinhood – Investing.com
Stocks on Wall Street ended lower to wrap up the first trading week of 2022 on Friday. The suffered its biggest weekly drop in almost a year as soaring Treasury yields sparked a massive selloff in many top-rated tech shares.
The jumped 26 basis points for the week, closing at 1.765%, following the midweek release of . The benchmark note hit a session peak of 1.801% on Friday, the highest level since January 2020.
The week ahead is expected to be another busy one, given the start of Wall Street’s fourth-quarter earnings season, which sees names like JPMorgan Chase (NYSE:), Citigroup (NYSE:), Wells Fargo (NYSE:), and Delta Air Lines (NYSE:) all report their latest financial results.
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