Amazon Leads, But Rising Yields Impede, Still… The Bounce Is Alive
Amazon (AMZN +15.45%) is trading impressively, lifting the Consumer Discretionary to the top performing sector. Meanwhile, Apple (AAPL -9.25%), which disappointed with its fiscal Q4 revenue outlook, is weighing on the Technology sector, but the real drag on the market is rising Treasury yields. The 10-yr yield has advanced to 4.74%, up eight basis points…
