It’s been one of the most chaotic stretches for US markets in recent memory. And the massive surge in long-term Treasury yields has served as yet another example of the bizarre trading action in the aftermath of Trump’s tariff-fueled “Liberation Day.” The 10-year yield (^TNX) jumped 17 basis points to kick off the week, a…
US stocks (^DJI, ^IXIC, ^GSPC) are trading higher Friday afternoon following a contentious meeting between US President Trump and Ukrainian President Volodymyr Zelenskyy. The exchange included sharp criticism from Trump, with Trump even telling Zelensky, “You’re gambling with World War 3.” Laffer Tengler Investments CEO and CIO Nancy Tengler joins Market Domination to discuss the…
Broadcom (AVGO) closed Friday’s session 24% higher — ending the trading week 25.2% higher on its five-day moving average — after forecasting significant demand gains for its AI chips in the coming years in its latest earnings print. “We see our opportunity over the next three years in AI as massive,” Broadcom CEO Hock Tan…
The S&P 500 (^GSPC) is poised for its first weekly drop in seven weeks as investors brace for “Magnificent Seven” earnings and October’s jobs report ahead. Shares of Capri Holdings (CPRI), the parent company of Michael Kors and Jimmy Choo, are plunging after a US judge blocked its pending $8.5 billion merger with Coach owner…
(Bloomberg) — For Wall Street skeptics arguing the good times can’t last, there is plenty of supporting evidence. Equity valuations are stretched, corporate bond spreads are tightening and gold is at a record. Most Read from Bloomberg The result has been a rush to hedges — options and other instruments designed to protect gains already…