Stock Markets Today: Treasuries, China reform, Apple’s sales, Apollo’s profit

Stock Markets Today: Treasuries, China reform, Apple’s sales, Apollo’s profit

Good morning. Souring mood in the bond market, China’s efforts to revive its stock market and Apple suffers from another slump. Here’s what people are talking about. The mood is rapidly souring in the world’s bond market, raising the stakes for Friday’s much-anticipated US monthly jobs data. A surge in long-term yields to their highest … Read more

Stock Market News on S&P 500 Rally in June and Into July, 2023

Stock Market News on S&P 500 Rally in June and Into July, 2023

As the trillion-dollar AI rally gathers pace, pity the humans on Wall Street trying to figure out this gravity-defying market. With the S&P 500 Index staging an improbable 16% advance this year, being both bearish and wrong is making life awkward for the people paid to predict where equities will go next. After being blindsided … Read more