Liberty Bell Report
Conservative news from the nation’s capital
Stocks rallied on Veterans Day with the bond market closed, as CoreWeave's results revived the AI trade, Europe hit a record and traders braced for a Fed hike.
Two-year yields jumped the most since 2024 after October prices topped forecasts, while CoreWeave's strong outlook gave the AI trade a lift.
The Dow, S&P 500 and Nasdaq all close lower Tuesday while gold and oil edge up.
The Nasdaq gained 1.1% as chip stocks recovered, while a strong jobs report kept pressure on interest rates.
The S&P 500 rose 0.4% even though most of its stocks fell, as Nvidia, AMD and Broadcom led a tech rebound and Apple disappointed.
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