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Stocks, oil, and yields turn lower

Dec. 09, 2015 12:44 PM ETQQQ, SPY, DIA, TLT, USO, TBTBy: Stephen Alpher, SA News Editor11 Comments
  • Another volatile session has seen a modest rally quickly reverse and turn lower, led by the Nasdaq (QQQ -1.8%). The S&P 500 (SPY -1.1%) and Dow (DIA -0.7%) are also in the red now.
  • The move in stocks is matching that of oil (USO -1.9%), which earlier on bullish inventory news rallied to $39 per barrel, but is now off 1% on the session to $37.12.
  • Treasury yields are following along, with the 10-year Treasury now at 2.23% after hitting 2.27% earlier. TLT -0.25%, TBT +0.5%

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