Mixed Start to the Week: Mega-Cap Weakness Offsets Iran Deal Tailwinds as Yields Rise Again
The major averages opened this full trading week (sandwiched between two holiday-shortened ones) mostly lower, as tailwinds from the U.S.-Iran weekend negotiations were offset by renewed weakness in the mega-cap stocks and their related sectors. Index futures opened Sunday night and traded off their worst levels, drafting off of a decline in oil prices… (3M)…
