S&P 500 rises 0.6% to 7,757 as 10-year yield closes at 5.13%

The S&P 500 rose 0.6% to 7,757 as the 10-year Treasury yield closed at 5.13%. Michael A. Gayed said stocks are pricing growth while bonds are pricing the discount rate, and one of those views will have to change.

Detected & updated continuously · Source: Nebula