S&P 500 Ends Longest Streak of Calm Since 2020 as AI Trade Sinks
The US stock marketโs longest streak of tranquility since before the Covid-19 pandemic is over.
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The US stock marketโs longest streak of tranquility since before the Covid-19 pandemic is over.
Kevin Mahn, President & CIO of Hennion & Walsh Asset Management, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the concentrated gains on the S&P 500 and the AI ecosystem. (Source: Bloomberg)
The benchmark S&P 500 is up 14 percent this year despite elevated oil prices and US government debt sell-off.
The 10-year Treasury yield rose to 5.31% while the S&P 500 gained 0.66%. See how Fed hike odds shape the dollar, Brazil and emerging markets today. The post US Yields Rise to 5.31% as Fed Hike Odds Linger | Global Economy, Oct 6 appeared first on The Rio Times.