Buonasera. QQQs +48bps led by China exposed names while non-profitable tech also outperformed. Chian HSX Index was +9% following the country’s stimulus announcements. Treasures got a bid on some weaker macro data with 2 year dropping 5bps while 10 year dipped 1.5bps. Fed expects now pricing in 40bps worth of cuts in each of the final two meetings of the year.
Let’s get to the recap…
Keep reading with a 7-day free trial
Subscribe to TMT Breakout to keep reading this post and get 7 days of free access to the full post archives.