Utilities sector soared today but continues to lag MTD and is only up marginally YTD; Tech fell hard and continues to distance itself from Comm Serv and Energy in YTD terms … small caps underperformed today but NASDAQ also had a rough session (and is lagging behind S&P 500 YTD) pic.twitter.com/ilnekdxj2L

Market continues to price out probability of several Fed rate cuts this year pic.twitter.com/fvx30fkza7

Fascinating day in #markets as early, geopolitically related relief gave way to worries about #inflation and, yes, some renewed geopolitical worries. The significant turnaround in #stocks (including a 600-point swing in the Dow) saw the three major averages lose 0.6%- 1.8%, #gold…

As illustrated by the Bloomberg charts below, today’s rebound in yields goes beyond relief about how the escalation in Iran-Israel tensions played out this weekend. Strong retail sales data is turbocharging the reorientation of the market focus—away from geopolitics and back to… pic.twitter.com/3ink3JYDta