Stocks See Support from Chip Stocks But T-Note Yield Rises

on May 29, 2024 03:41:AM

US stock indexes settled mixed on Tuesday, with the Dow Jones Industrials posting a 3-week low.  A +6% jump in Nvidia led chip stocks higher and supported the broader market.  Also, Tuesday’s unexpected increase in US May consumer confidence supported the US economy and stocks. However, a jump in the 10-year T-note yield on Tuesday […]

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