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SPY4,892.35+0.26%
DIA38,654.22+0.23%
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IWM1,982.33+0.29%
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USO76.45+1.64%
TLT92.18-0.22%
SPY4,892.35+0.26%
DIA38,654.22+0.23%
QQQ17,234.56-0.14%
IWM1,982.33+0.29%
GLD189.45-0.40%
USO76.45+1.64%
TLT92.18-0.22%
Headlines
Bloomberg MarketsBond Market Ditches Warsh Trade as Oil SurgesFinancial TimesUK borrowing costs surge as Starmer leadership crisis rattles bond marketsBloomberg MarketsBusiness Confidence Sinks in Peru as Radical Candidate Nears RunoffBloomberg MarketsKorea Benchmark Bond Yield Tops 4% as Rate-Hike Bets GrowBloomberg MarketsTele Columbus Creditors Unite Ahead of Potential Debt TalksBloomberg MarketsEmerging-Market Currencies, Stocks Fall as Iran Peace Hopes DimFinancial TimesChipmaker Cerebras joins OpenAI’s inner circle — for a priceBloomberg MarketsJPMorgan’s Lakos-Bujas Says Profits Eclipse War Risks for StocksBloomberg MarketsBond Market’s Warsh Trade Falls Apart as Oil Fans Inflation RiskBloomberg MarketsGerman Investor Outlook Unexpectedly Improves on Hope Over WarBloomberg MarketsBond Market Ditches Warsh Trade as Oil SurgesFinancial TimesUK borrowing costs surge as Starmer leadership crisis rattles bond marketsBloomberg MarketsBusiness Confidence Sinks in Peru as Radical Candidate Nears RunoffBloomberg MarketsKorea Benchmark Bond Yield Tops 4% as Rate-Hike Bets GrowBloomberg MarketsTele Columbus Creditors Unite Ahead of Potential Debt TalksBloomberg MarketsEmerging-Market Currencies, Stocks Fall as Iran Peace Hopes DimFinancial TimesChipmaker Cerebras joins OpenAI’s inner circle — for a priceBloomberg MarketsJPMorgan’s Lakos-Bujas Says Profits Eclipse War Risks for StocksBloomberg MarketsBond Market’s Warsh Trade Falls Apart as Oil Fans Inflation RiskBloomberg MarketsGerman Investor Outlook Unexpectedly Improves on Hope Over War
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See Through the Markets

Financial news that explains what it means for YOUR wallet. Not Wall Street jargon. Real impact on your 401(k), mortgage, and job.

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Daily Briefing

Data from Tuesday, May 12, 2026
Current as of 10:17 AM

U.S. equity markets are trading higher , with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on bond market ditches warsh trade as oil surges.

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Latest News

MarketsEconomyAll News
GlobalJust now

UK borrowing costs surge as Starmer leadership crisis rattles bond markets

Thirty-year gilt yield at highest this century as cabinet ministers pressure PM to consider his position

Financial Times
GlobalJust now

Business Confidence Sinks in Peru as Radical Candidate Nears Runoff

Peru’s chaotic presidential election is taking a toll on business sentiment as a radical candidate edges closer to a runoff following a prolonged vote count.

Bloomberg Markets
GlobalJust now

Korea Benchmark Bond Yield Tops 4% as Rate-Hike Bets Grow

South Korea’s 10-year bond yield rose above 4% for the first time since late 2023, as an oil shock tied to the Iran conflict leads traders to expect bigger interest rate hikes.

Bloomberg Markets
GlobalJust now

Tele Columbus Creditors Unite Ahead of Potential Debt Talks

Creditors to Tele Columbus AG are banding together as the struggling German internet service provider controlled by Morgan Stanley Infrastructure Partners braces for debt talks.

Bloomberg Markets
GlobalJust now

Emerging-Market Currencies, Stocks Fall as Iran Peace Hopes Dim

Emerging-market currencies and stocks fell on concern the ceasefire between the US and Iran is on the brink of collapse, while a slump in South Korean shares also weighed on sentiment.

Bloomberg Markets
GlobalJust now

Chipmaker Cerebras joins OpenAI’s inner circle — for a price

Launching into the magic of the Altman-osphere could prove to be quite a windfall

Financial Times
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Economic Snapshot

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GDP Growth Rate

2.4%+14.30%
Previous: 2.1%As of Q3 2024

Unemployment Rate

3.8%-2.60%
Previous: 3.9%As of May 2026

CPI Inflation (YoY)

3.2%-5.90%
Previous: 3.4%As of May 2026

Fed Funds Rate

5.3%0.00%
Previous: 5.3%As of May 2026

10-Year Treasury Yield

4.1%+0.98%
Previous: 4.1%As of May 2026

Consumer Sentiment

110.7+1.80%
Previous: 108.7As of May 2026
“As sure as the spring will follow the winter, prosperity and economic growth will follow recession.”
— Robert Foster Bennett

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Daily

Daily Briefing

Data from Tuesday, May 12, 2026
Current as of 10:17 AM

U.S. equity markets are trading higher , with the S&P 500 advancing 0.26% to 4892.35. The Dow Jones Industrial Average added 0.23%, while the technology-heavy NASDAQ 100 lost 0.14%. Market breadth was positive with small-caps outperforming large-caps. The Russell 2000 rose 0.29%, suggesting improved risk appetite. In other asset classes, gold declined 0.40%. Treasury bonds fell as yields moved higher. In the headlines, investors focused on bond market ditches warsh trade as oil surges.

View Report

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