Stock Rally Comes To An End As Fed Pivot Seems Less Likely

Stock Rally Comes To An End As Fed Pivot Seems Less Likely

US equities break a 3-day rally streak as investors learn of slow manufacture growth in the economy sector. 

The S&P fell on Monday after previously having its best day since 2020. The Nasdaq was little changed after rising over 1.1%.

Through the pullback, US treasuries rallied with a 10-year yield declining to around 2.5%, the lowest since April. 

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