Nasdaq Holds Firm Despite Chip Selling; Microsoft, FCX, Coupang In Focus

Breadth was slightly negative on the Nasdaq and slightly positive on the NYSE. The 10-year Treasury yield rallied up to a key level near 4.19% ahead of Thursday’s PPI report. Microsoft is basing nicely above its 10-week line; Freeport-McMoRan soared with other copper stocks; Coupang is still in a buy zone. Learn more about your ad choices. Visit megaphone.fm/adchoices