About this episode

The episode discusses the recent performance of the S&P 500 and Nasdaq, focusing on semiconductor earnings and the implications of rising Treasury yields.

S&P 500, Nasdaq notch fresh records as stocks push higher after the price of oil fell and Treasury yields eased lower. RBC’s Lori Calvasina breaks down the market backdrop and where leadership is emerging. Semis take center stage with AMD earnings. Chris Rolland of Susquehanna gives instant reaction. Plus, a check in on a continued melt up across semiconductor names and what’s driving the surge. Bob Michele, Head of Global Fixed Income at JPMorgan, joins to answer a key question: are rising rates the next threat to this rally.

People in this episode

Guests: Lori Calvasina, Chris Rolland, Bob Michele

Topics covered

• stock market
• technology
• semiconductors
• Treasury yields
• earnings report
• market analysis

Keywords

• S&P 500
• Nasdaq
• semiconductors
• AMD earnings
• Treasury yields
• market rally
• oil prices
• RBC
• JPMorgan

Mentioned in this episode

Organizations: RBC, Susquehanna, JPMorgan, S&P 500, Nasdaq, AMD

More episodes of Closing Bell

• Closing Bell Overtime: Chip Stocks Remain Parabolic 5/8/26 · May 8, 2026 · 42 min
• Closing Bell 5/8/26 · May 8, 2026 · 42 min
• Closing Bell Overtime: Earnings Parade Rolls On 5/7/26 · May 7, 2026 · 43 min
• Closing Bell: The AI Runway 5/7/26 · May 7, 2026 · 42 min
• Closing Bell Overtime: Stocks Power Higher to Fresh Records 5/6/26 · May 6, 2026 · 44 min
• Closing Bell 5/6/26 · May 6, 2026 · 43 min

Explore listener stats, chart rankings, contacts and more on the Closing Bell podcast page.