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Mixed risk signals, AI trade bounces back: Market Takeaways

The market is seeing mixed risk signals as the S&P 500 (^GSPC) closed just shy of a fresh record high on Tuesday while ten-year bond yields (^TNX) closed above 4%. Meanwhile, the risks associated with a no landing scenario for the US economy have been reignited after September's jobs report came in much hotter than expected. The AI trade has also bounced back, as Nvidia (NVDA) closed close to its record high. Yahoo Finance Markets and Data Editor Jared Blikre breaks down his takeaways from the trading day. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. This post was written by Melanie Riehl Read More...

The market is seeing mixed risk signals as the S&P 500 (^GSPC) closed just shy of a fresh record high on Tuesday while ten-year bond yields (^TNX) closed above 4%. Meanwhile, the risks associated with a no landing scenario for the US economy have been reignited after September’s jobs report came in much hotter than expected. The AI trade has also bounced back, as Nvidia (NVDA) closed close to its record high.

Yahoo Finance Markets and Data Editor Jared Blikre breaks down his takeaways from the trading day.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Melanie Riehl

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