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CBOE Interest Rate 10 Year T No (^TNX)
| Previous close | 4.7060 |
| Open | 4.6860 |
| Volume |
| Day's range | 4.6440 - 4.6900 |
| 52-week range | 3.2960 - 4.9970 |
| Avg. volume | 0 |
- Reuters
US STOCKS-Wall St rises as Big Tech charges higher
Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over $2 trillion, while an in-line inflation reading calmed interest rate jitters. Lifting sentiment further, Microsoft rose 2.5% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also traded higher on the results, with Amazon.com and Nvidia up 2.9% and 5.0%, respectively.
- Reuters
US STOCKS-Wall St set to open higher on tech boost, PCE data
Wall Street's main indexes were set for a higher open on Friday as robust quarterly results from Alphabet and Microsoft lifted growth stocks, while fresh evidence of progress on the inflation front rekindled hopes of an interest rate cut this year. Alphabet jumped 11.7% in premarket trading after the Google-parent announced its first-ever dividend, a $70 billion stock buyback and beat estimates for first-quarter results. Lifting sentiment further, Microsoft gained 3.9% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services.
- Reuters
TREASURIES-Yields fall as inflation largely meets expectations
U.S. Treasury yields fell on Friday after data showed that inflation gains in March were in line with economists’ expectations, though on an annual basis they were slightly higher than expected. The personal consumption expenditures (PCE) price index increased 0.3% last month for an annual gain of 2.7%. Economists polled by Reuters had forecast the PCE price index climbing 0.3% on the month and 2.6% year-on-year.
