GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Stocks pulled back yesterday as exhausted investors looked more closely at THE NUMBERS that carried them there. Bond yields resumed their climb as bets for December rate cut weakened and longer-maturity yields gained in response to fresh inflation jitters.

Stocks gained for another session on strong tailwinds from Trumps election triumph. Traders are happy for the profits, but none can deny the emerging feelings that some recent high-gainers are starting to have a meme-y kind-of feel to them.

Stocks rallied on Friday as exuberance for what could be spilled over from Tuesday night’s election results. Respondents to University of Michigan’s Consumer Sentiment survey also had high hopes for the future, pushing the composite index higher and far beyond economists’ estimates.

Stocks churned throughout yesterday’s action-packed session, closing mixed. Traders took some “hard-earned” profits from the prior session’s better-than-expected climb, and tech shares filled the vacuum taking tech-heavy indexes higher.

Stocks rocketed higher yesterday with an everything rally as investors dreamt of a pro-business red wave after Trump’s election victory. Bonds suffered painful losses; the cost of all the pro-growth policies expected from a Republican election sweep.

Stocks rallied as traders placed their votes on the next President of the United States. ISM Services Index beat economists estimates handily, as its Employment series shows sign of a stronger-than-expected labor market – good news for the economy, maybe not so much for the soft side of the Federal...