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Stocks were having a rather mundane day until a 1 p.m. 20-year bond auction saw weak demand and Treasury yields surged. The benchmark 10-year Treasury yield S&P 500 reached a 52-week high of 4,995 rising 40 points in the indices. It spiked close to 1% in the charts as strong earnings beat expectations this week. The bond yields rose after the The S&P 500 earned another record-high close on Wednesday as investors shook off worry tied to inflation and U.S. trade policy. The broad market index added 0.24% to Wall Street’s benchmark equities index closed at a record high, with investors turning their attention to the release of important inflation data on Thursday. The S&P 500 S&P 500 reached a 52-week high of 4,995 rising 40 points in the indices. It spiked close to 1% in the charts as strong earnings beat expectations this week. The bond The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. Global equities climbed to a more than two-year peak and the S&P 500 closed at a record high on Wednesday, as strong earnings offset jitters related to U.S. regional banks and China's US stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers. All three benchmark indexes rose, while

S&P 500 Closes at Record High as Yields Rise, US Dollar Dips

The S&P 500 earned another record-high close on Wednesday as investors shook off worry tied to inflation and U.S. trade policy. The broad market index added 0.24% as Wall Street’s benchmark equities index closed at a record high, with investors turning their attention to the release of important inflation data on Thursday. The S&P 500 index closed Friday at a record high, fueled by surging tech stocks and bets that the Federal Reserve will cut interest rates this year. Global equities climbed to a more than two-year peak and the S&P 500 closed at a record high on Wednesday, as strong earnings offset jitters related to U.S. regional banks and China's economy. US stocks surged on Wednesday, with the S&P 500 breaking its all-time record as traders took in cooling inflation numbers. All three benchmark indexes rose, while the U.S. dollar dipped.

Stocks were having a rather mundane day until a 1 p.m. 20-year bond auction saw weak demand and Treasury yields surged. The benchmark 10-year Treasury yield S&P 500 reached a 52-week high of 4,995 rising 40 points in the indices. It spiked close to 1% in the charts as strong earnings beat expectations this week. The bond yields rose after the auction, influencing market sentiment.

The S&P 500 reached a 52-week high of 4,995 rising 40 points in the indices. It spiked close to 1% in the charts as strong earnings beat expectations this week. The bond market remains a key area to watch as investors navigate the interplay between rising yields and equity valuations.

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