Treasury Yields Ease, But Wall Street’s Real Test Is Still Coming Treasury yields backed off their highest levels in nearly two decades on Tuesday, and stocks caught a breath. Barely. The relief is thin. Underneath it, the bond market is still nursing a hangover from a brutal stretch that pushed the 30-year yield above 5.3% […] More
Walmart Earnings Are About to Tell Us Something the Fed Can’t. Walmart earnings land Thursday, and this quarter matters more than most. Not because of Walmart specifically. Because of what it’s reporting into. Stocks fell for a second straight session Monday. The S&P 500 slid 0.52%. The Dow lost 272 points. Oil kept climbing on […] More
The Bond Market Is Screaming. Is Wall Street Finally Listening? Treasury bond yields just hit levels not seen since 2007 — and the stock market is paying the price. Tuesday started ugly on the floor of the New York Stock Exchange, and it only got worse from there. The yield on the 30-year U.S. Treasury […] More
S&P 500 Record High Crosses 7,800. This Time, Small Caps Showed Up Too. The S&P 500 record high arrived Thursday, crossing 7,800 for the first time ever, touching an intraday peak of 7,816.70 before easing back to close at 7,781.59. A milestone, technically. But the number that mattered more sat elsewhere on the board. The […] More
The July CPI Report Came In Tame. AI Stocks Took Off Like It Was a Green Light. The July CPI report landed Wednesday morning at just 0.1%, month over month. A relief, after June’s inflation reading had actually fallen 0.4%. Nobody expected a repeat of that decline. Nobody got a scare, either. Tame, and the […] More
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Silver Prices Surge Past $65. The Reason Should Worry You More Than the Rally Itself. Silver prices surge to a fresh high above $65 an ounce Tuesday, up 13.5% in a single week and 73.3% over the past year. Gold climbed too, past $4,437. The 10-year Treasury yield rose to 4.71%, its highest since Friday’s […] More
The Strait of Hormuz Deal Just Hit a Snag. Markets Barely Noticed. For Now. The Strait of Hormuz saga isn’t over. Iran said Sunday a deal with Oman on transit through the waterway is in its “final stages.” Then came the catch. Tehran reiterated the U.S. still has to meet several conditions first before the […] More
The July Jobs Report Showed a Loss. Wall Street Threw a Party. The July jobs report landed Friday morning with a number nobody had on their bingo card. The U.S. economy lost 23,000 jobs last month. Economists expected a gain of 83,000. That’s not a miss. That’s a hundred-thousand-job gap between forecast and reality. Stocks […] More
Stock Market Today: The Jobs Number Nobody Wanted Just Landed Stock market today looks calm on the surface. Underneath, something cracked. US stocks barely budged Thursday morning as investors absorbed a fresh batch of earnings, prospects of an imminent Strait of Hormuz deal, and new labor market data, with the Dow trading at a record […] More
S&P 500 Smashes Records Above 7,700—But Don’t Mistake Momentum for a Free Lunch The S&P 500 record high crossed another threshold Tuesday that nobody on Wall Street seemed to see coming quite this fast. The index closed at 7,736.52, up a sharp 1.79%, marking a new all-time peak driven by strong earnings from artificial intelligence-linked […] More
Palantir Stock Soars 15%. The Bond Market Isn’t Nearly as Excited. Palantir stock jumped 15.4% Tuesday. The Dow hit a record. The S&P topped its June high for a fourth straight session. Oil kept sliding on hopes for an Iran deal. Everything up top looked like a party. Underneath it, something quieter and more consequential […] More
Oil Prices Drop 6%. Wall Street Finally Gets to Exhale. Oil prices drop nearly 6% Monday morning. President Trump called off what he described as a “massive” strike on Iran. Talks start today instead. Markets took the news and ran. The Nasdaq climbed nearly 2%. The Dow gained a full percent. The S&P rose 1.28%. […] More