MARKET DAILY

Market 8/8: Sentiment Improves After Unemployment Benefits Report

Bond Auction Fails for 2nd Consecutive Session

Steve Le
Steve Le

Key highlights:

  • Initial Jobless Claims Ease Recession Fears

  • $25 billion 30-year bonds continue to auction poorly

  • Wholesale Inventories Growth Meets Expectations

  • Eli Lilly Q2: Earnings Triple Expectations

  • Robinhood Q2: On Track Across the Board

  • Market: Sentiment improving but fears remain

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