Reported about 9 hours ago
US stocks have opened slightly down as investors ponder whether to buy the dip after recent sell-offs or sell when markets rise. LPL Financial's Chief Technical Strategist, Adam Turnquist, believes the technical indicators favor buying on dips, with signs of recovery in sectors like industrials and consumer discretionary. However, concerns about rising bond yields may pose challenges for equities as higher Treasury yields could lead to risk aversion in the stock market.
Source: YAHOO