The Peel
Peel back the markets in 5 minutes
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Bigger bond buybacks brought one day of relief before long-term yields started climbing again.
Moderna surged 177% on a Phase 3 cancer-vaccine win as Treasury calmed long yields and stocks bounced.
Chip stocks sank Tuesday, while Wednesday futures edge higher as the bond selloff eases.
Long-term Treasury yields hit their highest since 2007 as Brent topped $90 and Wall Street fell for a second straight session.
Fed-hike fears are fading, but Friday’s weak spending data gave Wall Street a new risk to watch.
Markets pushed higher as producer inflation cooled and traders cut the odds of a September rate hike.
Cooler inflation eased Fed concerns while strong AI earnings pushed stocks closer to record highs.
Stocks slipped, oil climbed, and Nvidia’s $500B AI financing push lit up private capital.
Oil’s rebound is forcing investors to reconsider the clean weak-jobs, patient-Fed narrative.
Payrolls unexpectedly turned negative while the Nasdaq surged and the S&P 500 notched another record.
Rising crude revived inflation concerns and pushed stocks lower ahead of a closely watched jobs report.
Stocks opened higher, but the S&P 500 and Nasdaq gave back their gains and finished the day lower, while the Dow held on for another record close.
