Early Update – Dollar and Yields Drop, Shorts Cover
10:48 a.m. ET The market is off to a strong start as both the Dollar and Treasury yields fall more sharply, helped by the new UK Prime Minister Sunak pledging to fix prior mistakes. SP-500 +0.95%, Dow +0.65% (Transports +1.25%), NASDAQ-100 +1.3%, Small Caps +2.3% S&P-500 (30m) breaking out above $3800. I think it’s time…