US stock market open 8 May 2017
S&P +1pts to 2400
Dow +3pts to 21010
Nasdaq +3pts to 6103
US 10 year yields 2.36% +1bp
S&P +1pts to 2400
Dow +3pts to 21010
Nasdaq +3pts to 6103
US 10 year yields 2.36% +1bp
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IREN surges 1000% in 6 months on $9.7B MSFT AI deal; Bernstein lifts PT to $125. Bitcoin miners cash in on AI.
BID's $100M Amazonia Bond yields 3.8%, eyes $1B goal. Brazil eyes similar issuance, boosting sustainable finance.
2.8% COLA boost for Social Security falls short as Medicare premiums jump 11.6%. SSI cuts loom.
Bank bosses warn of market fall! High valuations signal pullback risk. Traders eye correction ahead.
Canada's budget eyes $70-90B deficit, boosting defense & housing. Watch rising debt charges & fiscal sustainability!
Top 10 US billionaires added $700B wealth since 2020, while average homes gained $83K. Inequality widens!
Wall Street CEOs warn of 10%+ market drop; S&P 500 at 23x earnings, Nasdaq 28x. Valuations full, not cheap.
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