Italian photographer Oliviero Toscani, famed for provocative 1990s Benetton campaigns, dies at 82 https://t.co/uids6VFoMV
— The Associated Press (@AP) January 13, 2025
Day: January 13, 2025
Daniel Ives, Global Head of Technology Research at Wedbush Securities, discusses the impact of rising bond yields and the strong dollar on tech stocks. Despite these pressures, he believes tech stocks have the potential to move higher this year, driven by strong consumer spending and the AI revolution.
David Zervos, Chief Market Strategist at Jefferies, discusses the market’s reaction to the recent jobs report and rising bond yields. He notes that while long-term interest rates have not spiked significantly, there is growing nervousness about the Federal Reserve’s potential to keep rates high for an extended period.
