Stock Market Today: Dow, S&P Live Updates for Nov. 20, 2023

Stock Market Today: Dow, S&P Live Updates for Nov. 20, 2023

The stock market extended its powerful November rally ahead of Nvidia Corp.’s results, with Wall Street also breathing a sigh of relief as a $16 billion sale of 20-year Treasuries lured bond buyers. Shortly after the auction resultsBloomberg Terminal, US 10-year yields reversed course and fell to around 4.4%. The S&P 500 closed at the … Read more

Stocks Crush ‘Year of Bond’ in Biggest Market Sentiment Shift Since ‘99

Stocks Crush ‘Year of Bond’ in Biggest Market Sentiment Shift Since ‘99

All the chatter back in December was that 2023 was to be the “year of the bond.” And for a brief moment or two in the winter, that call — and the economic doom-and-gloom that underpinned it — looked right. It is now being overrun, though, by an avalanche of demand for equities that has … Read more