Stock Market Update
12-May-25 11:30 ET
Risk-on bias continues
Dow +956.87
at 42206.25,
Nasdaq +623.45
at 18552.37,
S&P +144.89
at 5804.80
[BRIEFING.COM] The major equity indices remain in a sideways flow.
The risk-on bias in today's trade has resulted in the selling of Treasuries, the gain in the U.S. Dollar Index (+1.3% to 101.61), and the sharp decline in the CBOE Volatility Index (-12.3% to 19.21).
The 2-yr note yield is up 11 basis points to 3.99%, and the 10-yr note yield is up seven basis points to 4.44%.
