Stocks and bonds rose again last week, taking the S&P 500 index to a new all-time high territory. The 1.6% increase in the S&P 500 took the index to a new all-time high territory last week. Market Returns Glenview Trust, BloombergA big part of the story has been the 10-year and 2-year U.S. Treasury yields declining to 4.4% and 4.8%, respectively. Significantly, the more economically sensitive small-capitalization stocks have begun to perform better since mid-April, outperforming the S&P 500 with a 7.7% return. Inflation Glenview Trust, BloombergThe encouraging detail underneath the CPI and supercore measures was that the month-over-month growth rate slowed in April.

Source: Forbes May 19, 2024 23:01 UTC