Townstone Financial

Stocks rally to start the week with bond yields higher as well


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Happy Monday!
We start the week with the stock market showing about 1% gains across the DOW, NASDAQ, and S&P 500.
The 10 Year Treasury is hovering above 4.7% after closing last week at 4.6%.
Tech employees continue to struggle with Microsoft-owned LinkedIn laying off nearly 700 employees.
With Microsoft's recent acquisition of Activision Blizzard, Lululemon is set to replace them in the S&P 500 at open on 10/18.
Purchase contracts are still coming in as Townstone continues to offer the best in service, products, rates, and costs.
Debt-consolidation also seems to be a major need right now as high interest rate debt crushing many consumers.
As always, FREE 1 on 1 consultations available at: https://townstone.com/consultation-request/
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Townstone FinancialBy Barry Sturner and Zach Schwartz

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