Outperforming. The Philadelphia Semiconductors index outperforming. This rally on trade optimism set to resume u. S. And china set to resume talks in october and strong Economic Data with jobs and services. We are seeing a rush out of safe haven assets. 2. 2 . Utures are down you can see the big like lower came one week after the Services Data around 10 00 this morning. Gold is trading around its lowest in two weeks and it is on pace for its worst day since june of 2018. Also selling off is another safety asset. U. S. Treasuries. You have the u. S. 10 year bond yields searching 11 basis points. A lot of selling and bonds. This is the biggest move upward in yields we have seen since january. Investors are selling bonds. That is helping financial stocks. Banks getting a boost from the higher yields. Also getting a booster the tech stocks, particularly the semiconductors. That on pace for the best day and a number of months. Individual stocks moving higher. Nvidia up 5. 5 , macron up 4. 5
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