Stocks Shrug Off EU Elections While Bitcoin, Gold, and Oil Shine

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 26 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 68%

Stocks News

Bonds,Bitcoin,Bullion

The markets reacted differently to the European elections, with stocks remaining strong, Bitcoin and gold soaring, and oil prices extending gains.

US stocks shrugged off early weakness driven by the right-regime-shift in European elections, treading water on Monday, at least on the surface, following Friday's strong Payrolls report and ahead of a big macro Wednesday, featuring both the May CPI reading and the scheduled June FOMC meeting. Small Caps had a wild day, swinging from considerable losses at the cash open to modest gains by the close. All the majors ended slightly higher on the day with a new ATH for the S&P 500...

's big AI announcement at its WWDC was a bit of a flop... Source Bloomberg For some context... MAG7 stocks went sideways again admittedly at record highs... Source Bloomberg Treasury yields modestly extended Friday's payrolls spike higher with the long-end underperforming 30Y 4bps, 2Y unch on the day which eft the yield curve 2s30s unch from pre-payrolls... Source Bloomberg The dollar ended marginally higher, but gave back most of the day's overnight gains during the US day session..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 34. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Anthony Stocks raped girl and pushed her brother off cliffAnthony Stocks threw the girl's brother off a cliff after the boy found out about the abuse.
Source: bbcemt - 🏆 120. / 51 Read more »