Last week: Performance
Technology dragged SPX and QQQ higher, while most sectors languished and bonds remained under pressure. Gold was the worst-performing major asset class, falling nearly 2%.
Last week: The most important moves
QQQ breaks out
And most importantly, holds it.
*See three of the biggest drivers and my favorite single stocks from the Nasdaq 100 in last week’s Stock Trends.
Historic surge and breakout in the 10-year Treasury yield
We’re now up 53 basis points in a month, which sounds rare, but is starting to become commonplace. We last saw it in January 2025, and before that, throughout 2023 and 2022.
Oil paused, but nat gas posted its best week since January
+14%. Breaking out of an eight-month base in the process.
META leads the growth breakout
