The Dow Jones Industrial Average fell despite an encouraging jobs report. Uranium stocks were punished after Russia attacked a Ukraine nuclear plant. Tesla (TSLA) held up after CEO Elon Musk issued a challenge. Rivian (RIVN) plunged.
A trio of stocks managed to make bullish moves despite the challenging action. Public Storage (PSA), SandRidge Energy (SD) and CMS Energy (CMS) tested buy points.
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Volatility was up, with the Cboe Volatility Index, or VIX, spiking more than 9%. Volume was running higher on both the New York Stock Exchange and the Nasdaq vs. the same time Thursday, a negative on a down day.
Meanwhile, the yield on the benchmark 10-year Treasury note fell about 12 basis points to 1.73%. Oil was gushing higher, though, with West Texas Intermediate crude rising more than 7%.
Stocks were having a torrid time despite a much better than expected jobs report. The U.S….
