Daily Note 05/10/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

05.10.2023

  • It was a broadly positive session for risk assets yesterday with Europe, the S&P500, and the tech-heavy Nasdaq all in finishing in the green.
  • After the disappointing trading update provided by management on the 26th of September when the CEO stepped down, HealthBeacon this morning issued a flat set of H123 numbers into a market already pre-warned.
  • Treasury yields declined from a 16-year high yesterday on the softer than expected employment data, which potentially decreases the possibility of a Fed rate hike in November.