US Market Daily Brief

Inflation & Fed Signals

• 🔥 BofA Survey: Second-wave inflation is now the top investor fear at 40%, up from 26% in April, with over 60% expecting...

30-year Treasury yield hit 5.19%, highest since 2007, on inflation worries from oil spike and April CPI at 3.8%.

Fed minutes reveal majority of...

Broad participation fuels the rally while warning signs emerge.

• Bullish drivers: S&P 500 up eight straight weeks with Nasdaq +1.22%, Dow +2%,...

• Oil collapse from US-Iran ceasefire talks sent WTI tumbling to $95.76, lifting S&P 500 to a 7,445.72 close after intraday volatility.
• Persistent...

Market Performance

• S&P 500 and Nasdaq Close Lower: S&P 500 closed down 0.6% at 5,285.40 and Nasdaq dropped 1.1% to 16,510.30 on May 21.
• Eighth...

• Nasdaq Composite dropped 1.1% to 16,510.30 as hawkish Fed comments and strong labor data (jobless claims at 208k) pushed yields higher.
• S&P 500...

Bull case strengthens: Eighth straight weekly gain, Dow at record 50,579, strongest earnings growth in five years.

• Yield retreat to 4.56% eases...

Michigan Consumer Sentiment fell sharply to 44, missing forecasts, yet S&P 500 advanced as tech and healthcare names offset the weakness.

• Preview...

• Fed leadership transition looms as Kevin Warsh is sworn in today, with markets ditching rate-cut bets and pushing yields higher.
• AI momentum...

S&P 500 concentration hits a record 41% in top AI mega-caps, exceeding dot-com peaks and raising systemic risk.

• Broadening underway: Falling yields...

Market Highlights

• Index Performance: The S&P 500 rose 0.2%, the Dow gained 0.6%, and the Nasdaq added 0.1% in a volatile trading session...

• Nvidia's mixed signal: Record $81.6B revenue beat and $80B buyback failed to lift shares, which fell 1.6% as guidance missed top estimates, weighing...

Rising oil prices from Middle East tensions are shifting equity sentiment, with inflation and yield concerns now pressuring the S&P 500 rally.

• UBS...

Cerebras Systems' lightning-fast S&P 500 inclusion just 11 days after its May 14 IPO signals fresh options for AI chip investors eyeing life beyond...

The Magnificent 7—Nvidia, Microsoft, Alphabet, Amazon, Meta, Apple and Tesla—have become the biggest drivers of global equity markets through AI and...

Kovitz Investment Group is moving allocations from mega-cap tech into small-cap and value stocks in 2026. This move reflects the ongoing "Great...

S&P 500 and Nasdaq both hit fresh highs on strong risk-on flows, yet sector performance reveals clear rotation.

• Travel surge leads: United Airlines...

Market Highlights

• 🔥 US Indices Advance: S&P 500 rose 0.3%, Nasdaq gained 0.5% and Dow posted gains as futures for both S&P 500 and Nasdaq 100...

Fed minutes reveal a hawkish tilt with support for rate hikes if inflation persists, driven by Middle East war and AI boom impacts.

This marks the...

• S&P 500 at 7,432 sits just 1% from its all-time high of 7,517.
• Gold ($4,552) and silver ($76) are expected to drop to $4,200–$4,400 and $58–$68...