What Moved Markets This Week

Wall Street closed the trading week mixed, as the Federal Reserve raised interest rates, Treasury yields climbed, and leading AI lab executives called to slow advanced model development. The Federal Open Market Committee, guided by Chair Kevin Warsh, voted to raise the benchmark federal funds rate by a quarter percentage point to a target range of 3.75% to 4%—marking the first rate hike since 2023—as inflation remained stubbornly above target. Leading AI lab executives, including Anthropic's (ANTHRO) Dario Amodei and OpenAI's (OPENAI) Sam Altman, publicly called to slow the rapid pace of frontier AI model development to establish better safety guardrails. In the bond market, the benchmark 10-year Treasury yield (US10Y) climbed to its highest level in nearly two decades as resurfacing inflation fears and rising oil prices (USO) (BNO) weighed on investor sentiment. For the week, the blue-chip Dow (DJI) fell -1.7% , the benchmark S&P (SP500) ticked down -0.1% , and the tech-heavy Nasdaq Composite (COMP:IND) rose +0.7% .

Americans' income hit a new record in 2025, shedding light on households' financial well-being before the Iran war exacerbated inflation. U.S. real median household income was $87,460 in 2025, the highest since 1967, when the Census Bureau started tracking the data. But income growth was not evenly felt across demographics, and with the current affordability crisis, will these gains continue?

IonQ's (IONQ) Historic Low Valuation Meets Record Guidance . AppLovin (APP): Gaming Closed Gap E-Commerce Was Meant To . Generac (GNRC): Amazon (AMZN) Gives The Story More Credibility . Devon Energy's (DVN) Stronger Permian Focus, Valuation Support . Petrobras (PBR) Dividends Create An Absurdity - Yield Exceeds P/E . Agnico Eagle (AEM) Is Great, But The Valuation Has Caught Up . Downgrading Intel (INTC) - No Bad Products, Just Bad Prices . Sell Radiant Logistics' (RLGT) Earnings Stock Price Spike . Rubrik (RBRK): I See Little Margin Of Safety For Investors Here . Bearish On Shutterstock (SSTK) Amid Deteriorating Fundamentals .

U.S. Indices Dow -1.7% to 51,683. S&P 500 -0.1% to 7,651. Nasdaq +0.7% to 26,523. Russell 2000 -1.5% to 2,860. CBOE Volatility Index -6.5% to 14.81.

Consumer Staples -0.8% . Utilities -3% . Financials -2.4% . Telecom +1.2% . Healthcare +1.8% . Industrials -1.5% . Information Technology +1.1% . Materials -1.9% . Energy -1.3% . Consumer Discretionary -1.5% . Real Estate -2.3% .

London +0.1% to 10,659. France -1.4% to 8,065. Germany -1% to 25,304. Japan +1.6% to 65,019. China +0.6% to 3,912. Hong Kong -0.2% to 24,751. India -0.7% to 74,295.

Crude Oil WTI -0.5% to $99.53/bbl. Gold +0.2% to $4,415.9/oz. Natural Gas +2.4% to 2.9. Ten-Year Bond Yield -0.2 bps to 4.996.

EUR/USD -0.98% . USD/JPY +2.17% . GBP/USD -0.93% . Bitcoin +4.9% . Litecoin +7.3% . Ethereum +4.1% . XRP +4.3% .

Revvity (RVTY) +15% . CrowdStrike Holdings (CRWD) +15% . Generac Holdings (GNRC) +11% . Coinbase Global (COIN) +11% . Palo Alto Networks (PANW) +10% .

J.B. Hunt Transport Services (JBHT) -13% . Charter Communications (CHTR) -12% . Constellation Energy (CEG) -11% . Corning (GLW) -10% . Comcast (CMCSA) -10% .