Reported 1 day ago
Stock markets showed resilience, with the S&P 500 and Nasdaq 100 reaching new highs, driven by strength in semiconductor and AI infrastructure stocks, despite some pressure from rising bond yields. Economic indicators suggested a stable outlook, with some expectations of earnings growth among S&P 500 companies. However, hawkish comments from Fed officials tempered gains, indicating limited space for interest rate cuts amid inflation concerns.
Source: YAHOO