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Podcast: The Dividend Cafe
Episode: The DC Today - Tuesday, January 10, 2023
Description: A little early morning volatility but then a small rally on the day in markets. Read below, listen, watch – the choice is yours!
MARKET ACTION
Dow: +186 points (+0.56%)
S&P: 0.70%
Nasdaq: 1.01%
10-Year Treasury Yield: 3.62% (+10 basis points)
Top-performing sector: Communication Svcs (+1.29%) and Consumer Discretionary (+1.26%)
Bottom-performing sector: Consumer Staples (-0.16%)
WTI Crude Oil: $74.66/barrel (flat)
Key Economic Points of the Day:
Used Car Prices dropped -15% year-over-year in 2022 (from where they ended 2021), the largest single-year drop on record. This came, of course, off of large increases in 2021.
The Fannie Mae Home Purchase Sentiment Index was up in...