Wall Street Is Heading Into a Risky Friday
Wall Street Is Heading Into a Risky Friday
The market still feels fragile after another rough session, with , and facing pressure from higher oil prices and rising Treasury yields. The Nasdaq has also slipped below an important technical level, adding to the cautious mood. With earnings coming up next week, investors have another major catalyst that could either stabilize the AI trade or add more volatility. Do you think the market can bounce from here, or are higher yields and oil setting up for a deeper pullback?
Higher yields and oil prices are a tough combination for growth stocks. A bounce is possible, but Nvidia’s earnings could be the real test of whether the AI trade has more room to run.
i'm really curious to see if nvidia can carry the market again. it feels like everyone is holding their breath until those numbers drop.