I:RUT Dec 2024 2850.000 call

Stocks eye rate hike chances, Treasury yields: Top Takeaways

US equities (^GSPC, ^DJI, ^IXIC) closed Thursday higher after a sluggish April session. The S&P 500 managed to end the day higher for the first time in three sessions. The market is seemingly pricing in Federal Reserve Chair Jerome Powell's comments over the improbability of rate hikes. Yahoo Finance Markets Reporter Josh Schafer joins Market Domination Overtime to discuss the top takeaways for the trading day on May 2. 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