Early Update – Mega-Caps Weighing on the Market
10:59 a.m. ET Between Musk’s comments and a hotter-than-expected Payrolls (meaning the Fed doesn’t feel pressure to take their foot off the rate hike accelerator), the averages have given back a big chunk of yesterday’s gains, but not all. With yields higher, you can probably guess which stocks are feeling the most pain, you can…