Rates Hit 16-Year High, and Zuck and Musk Square Off Amid Threads Launch 7/6/23
The 2-year yield crossed 5% and traded at levels not seen since before the Great Financial Crisis. And while stocks closed off their lows of the day, all three major averages went negative for the week. Will tomorrow’s jobs report alleviate the pain, or is the first half rally a thing of the past. Plus Mark Zuckerberg firing off against rival Elon Musk after launching his Twitter competitor. What it all means for the stock and the industry.
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