Stock analysis posts tagged "Wall Street" from Openbook.
Through Thursday the Dow gained about 1% while the Nasdaq lost 2.4%. Bank earnings landed as we flagged, then CoreWeave's bonds took over the week.
The S&P 500 set a record above 7,800 on Tuesday and gave it back by Thursday. Oil, a 24-year high in Treasury yields and Delta's fuel bill explain why.
Two record Nasdaq closes, then a bond market that took them both back. The week Wall Street's AI rally met a 10-year yield at its highest since 2007.
Brent's run past $100 cost the Dow 1,350 points in three sessions, drove the hottest PPI of this cycle and left a Fed rise all but priced in for Wednesday.
Wall Street spent the week repricing a Fed rate rise rather than a cut. What we flagged on Monday, how Broadcom and Dell landed, and Friday so far.
Nvidia's $89bn data-centre quarter broke a three-day standstill on Wall Street, lifting the Nasdaq 1.57% on Thursday. Then Kevin Warsh took the podium.