Stock analysis posts tagged "S&P 500" from Openbook.

Wall Street's week belonged to the bond market, as the 30-year Treasury yield hit its highest level since 2007 and dragged the S&P 500 to a 1.43% loss. Moderna rose 177% in a single day on cancer vaccine data, while Walmart fell 9%.

Cooler US inflation lifted the S&P 500 to a record above 7,800 last week, but weak retail sales and a bond selloff that pushed 30-year Treasury yields to their highest since 2007 took the shine off by Monday.

A shock US jobs report cooled Federal Reserve rate-hike fears and drove the S&P 500 to a record close, capping its best week since April. Nvidia and Palantir led a chip and AI rally, while oil's rebound above $87 clipped Monday's session.

Microsoft's biggest one-day gain since 2008 and a 15% jump at Amazon offset a 7.4% slide at Apple, while a divided Federal Reserve held rates and the Dow closed at a record on 3 August.

Alphabet's capex shock and a divided Federal Reserve rattled US markets, before Microsoft's record 16% surge pulled the Nasdaq out of a six-day slide. Here is what moved Wall Street over the past fortnight, and why.