Investors got a reprieve on Thursday as the bond market regained its footing following a global sell-off earlier in the week. A rout in global bonds on Tuesday that sent yields spiking was partly reversed on Thursday, with investors cheering as US Treasury yields dropped from multi-year highs. The move appeared to be largely driven
A fresh risk-on rally pushed stocks to records on Tuesday. US stocks have clawed their way back to records after a volatile rotation in the AI trade sent investors on a roller coaster ride in July. The Dow Jones Industrial Average and S&P 500 broke through to new highs as traders were encouraged by Treasury
The Dow closed at a record on Monday, with stocks rallying and crude prices tumbling to start the month. Major indexes were sharply higher after the Donald Trump said he called off an attack on Iran and that peace talks were set to resume. The rally picked up steam as oil prices tumbled, with the