US stock market open 12 May 2017
S&P -3pts to 2391
Dow -23pts to 20896
Nasdaq +2pts to 6118
US 10 year yields 2.34% -4bp
Anyone would think Yellen has just ruled out a hike until 2030 ;-)
US 10 year yields
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Only a slight dent for US stocks at the open
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- US major indices close higher on the day and on the week
- investingLive Americas market news wrap: SpaceX IPO succeeds, mixed signals on Iran
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- Bitcoin trades to new highs for the week, but backs off
- At least $10 billion for Iran to be unlocked in Iran deal
- Gold is trying to find traction as a post-war trade
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Musk hits $1T valuation! SpaceX IPO buzzes, but critics question wealth concentration & market impact.
Forbes
1h ago
SPCX rockets 19% on IPO debut, hitting $161. Traders eye valuation post-record launch.
Barron's
1h ago
SpaceX IPO faces scrutiny over valuation & governance risks. Musk's 46% stake tested.
Paul Krugman
1h ago
Mortgage rates hit 6.52%, impacting housing. Fannie Mae forecasts future shifts, buyers show cautious optimism.
thestreet
3h ago
SpaceX IPO looms! Musk's 46% stake, governance risks, and high valuation spark debate among funds.
Investor's Business Daily
3h ago
AI mega-IPOs like SpaceX signal potential bubble risks, but market watchers debate impact on valuations.
New York Times
3h ago
SpaceX options debut Tuesday! SPCX perpetual contract hits $300M volume. Get ready for heavy trading.
Reuters
4h ago
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