Stock Weakness Likely Exacerbated By Strong 2023 Year-End Rally

Stocks are to the downside could perhaps be driven by a combo of profit taking and rotation, notes Nathan Peterson. He and Collin Martin recap the markets. They talk about how the tech sector is the biggest laggard in the S&P 500 Tuesday. Peterson mentions that the weakness is likely exacerbated by exceptionally strong rally into stocks into the end of 2023. Martin mentions that treasury yields are starting the year with a modest move higher, but that’s not necessarily the one key driver. Tune in to find out more about the stock market today.

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