A fascinating dynamic is unfolding in the U.S. bond and stock markets, which remain calm despite recent fluctuations in Treasury yields. In the past two weeks, U.S. government debt rates have seen significant volatility. At the end of May, rates surged to one-month highs due to expectations that the Federal...
The S&P 500 index (SPX) notched its 26th record close of 2024 on Monday, ending at an all-time high of 5,360.79 after minor dips on Thursday and Friday. This milestone marks the 26th record close this year, per Dow Jones Market Data. The Nasdaq Composite (COMP) also reached its 14th...
Friday’s Jobs Report: A Key Test for the Stock Market This spring’s steadier backdrop has pushed U.S. stocks to record highs, but Friday’s jobs report is one of three major risks that could disrupt the summer calm in markets. The S&P 500 index (SPX) has risen more than 10% in...
Why Trades Following Monday’s NYSE Glitch Are Likely to Be Reversed Monday’s NYSE glitch prompted many investors to seize the opportunity to acquire Berkshire Hathaway’s Class A shares at a staggering discount exceeding 99%, according to FactSet data. However, even if some managed to execute orders before trading halted, it’s...
The new month of equity trading kicks off on a positive note, led by gains in Nvidia (NVDA) shares after the AI chipmaker announced its next-generation Rubin platform, set for release in 2026. However, benchmark Treasury yields are less than 20 basis points from their highest levels since early November,...
S&P 500 Posts Strongest May Since 2020, Defying ‘Sell in May’ The S&P 500 index recorded its strongest May performance since 2020, raising hopes for a summer rally and challenging the popular “sell in May and go away” adage. “Momentum leads price, and a strong May increases the odds of...
