The Dow fell about three times as much as the S&P 500 and the Nasdaq, so the day's weakness sat more with older industrial and financial names than with the large technology companies that dominate the other two…
The advance was narrow: the report notes only about 25% of S&P 500 companies were trading above their 50-day average, and smaller companies fell on the day. Index gains are coming from AI chipmakers and from power…
Information Technology · Utilities · Health CareYahoo Finance ↗
Lower oil and lower yields work on different parts of the market: cheaper crude trims revenue for oil producers while easing fuel costs for airlines and freight, and a lower 10-year yield reduces the discount applied…
Energy · Information Technology · FinancialsReuters ↗
The gains were concentrated in large technology and AI-linked companies, so the index record says less about the rest of the market. The ISM survey shows service businesses still growing but paying sharply more for…
The amount of longer-dated debt the government sells feeds into Treasury yields, and those yields are the base for mortgage rates, corporate bond pricing and bank funding. Unchanged coupon sizes mean extra borrowing is…
Semi-liquid private credit funds sold to wealthy individuals are a major growth channel for listed alternative asset managers such as Blackstone, Apollo, Ares, Blue Owl and KKR, so gated withdrawals and weaker inflows…
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