News Formal

S&P 500 briefly tops 5,500 for the first time as Nvidia market leadership continues: Live updates

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 51%
  • Publisher: 72%

Breaking News: Markets Notícia

Stock Markets,Markets,United States

Stocks are coming off of a winning session on Tuesday and are on pace to end the shortened trading weak higher.

The bond market has recently seen signs of improvement, with the benchmark 10-year Treasury note yield recently giving back a chunk of its 2024 gains . However, these moves could be short lived, according to AmeriVet Securities' Gregory Faranello. 'Dynamics have felt better to support the US Treasury market. But to be clear there's been no definitive green light,' Faranello, the firm's head of U.S. rates strategy, wrote in a note Thursday.

'Issuers remain extremely active, so more paper is hitting the market. Mortgage rates have come down but nothing demonstrative. The fiscal outlook in the United States hasn't changed. And if you put the plethora of Fed speak in a blender before the holiday it's been relatively consistent, in need of more data, and pointing toward 'later this year.'' 'Let's face it, the inflation data has softened short term.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earningsStock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earnings
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »

CNBC Daily Open: S&P 500 and Nasdaq hit new heights ahead of Nvidia's earningsFederal Reserve Governor Christopher Waller said he does not think further rate increases are necessary, but he will need convincing before backing any rate cuts.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »