On today's episode of Market Brief – After Hours, a blowout batch of US and European PMI data sent Treasury yields to their highest level since 2007, triggering a broad selloff across US equities. We break down the hawkish comments from Fed Governor Michael Barr, sharp moves in EUR/USD and GBP/USD, a rebound in oil prices on renewed Iran tensions, and a stretch of big single-stock swings including McDonald's, Paychex, and a standout day for cybersecurity stocks.
","author_name":"Arshia Hadidi"}