The Magnificent Seven propelled the markets virtually the whole of last week, despite weakness creeping in around the edges. At the same time, we saw monster volumes in the bond market as the smart money nervously eyed the exits.
Stocks have drifted slightly lower at the beginning of the week, though tech and healthcare are still leading. That could change in a hurry, though. The Federal Reserve and the bond market are both speaking loudest right now, and the interest-rate-sensitive sectors will be listening. Here’s what you need to know…