S&P 500 (^GSPC)
| Previous Close | 5,187.70 |
| Open | 5,168.98 |
| Volume |
| Day's Range | 5,165.86 - 5,191.95 |
| 52 Week Range | 4,098.92 - 5,264.85 |
| Avg. Volume | 4,009,396,065 |
- Yahoo Finance Video
Are investors seeing a micro or macro driven market?
Global markets seek stability from geopolitical tensions, particularly the conflicts in the Middle East, as Americans parse through the Federal Reserve's back-and-forth sentiment on interest rate cuts. With all these sorts of headwinds, investors try to figure out whether micro or macroeconomic factors are driving the current market (^DJI, ^IXIC, ^GSPC). Morgan Stanley Global Head of Corporate Credit Research Andrew Sheets discusses the economic headlines driving markets, including the Fed's monetary policy. "All the focus is often on these big macro variables — when is the Fed going to make its first rate cut? Where are interest rates going, where is inflation headed? Some of these geopolitical concerns," Sheets explains. "But if that were the real driver, I think if it were these big picture issues that were driving the market, I think what you'd expect is a lot of different assets, a lot of different stocks, a lot of credits all moving together, all moving kind of to the same side of the ship at the same time. and that's simply not what we see." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
Yahoo FinanceStock market today: Tech drags stocks lower as rally hits pause
While techs have mainly delivered on high earnings expectations, the focus is now on whether other sectors can match up.
- Yahoo Finance Video
S&P 500 risees, positive earnings keep coming: Top takeaways
US equities (^GSPC, ^DJI, ^IXIC) have seen a bit of a bounce back from lows in April with the S&P 500 rising for its fourth day in a row. Earnings continue to roll in with 80% of the companies in the S&P 500 having already reported, showing signs of continued growth for the market. In addition, many eyes are on Disney (DIS) after it reported first-quarter earnings results which showed softer guidance than what was expected, causing shares to slide. Yahoo Finance Reporter Alexandra Canal joins Market Domination Overtime to break down the top takeaways for the trading day on May 7. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
