The View from 5th Avenue

The View from 5th Avenue – 21 October 2024

A relatively quiet Monday for US equities as investors prepared themselves for the peak of earnings season. With 112 companies in S&P 500 due to report this week, traders will have their hands full as they sift through a plethora of information, in what may the most scrutinized earnings season of the year. It was a choppy day for main US indexes as US treasury rates rose after T. Rowe Price CIO Arif Husain said the US 10y could “test the 5% threshold in the next 6 months” on concerns over risin…

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