About this episode

The episode discusses the impact of rising bond yields on US equity markets, leading to declines in major indices and notable stock movements.

A fresh jump in bond yields weighed on US equity markets , with the S&P500 and Nasdaq booking a third straight session of declines – Dow lost -322-points or -0.65% . Cisco Systems Inc (down -2.94%) and Boeing Co (-2.54%) fell over >2.5%, while Amazon.com Inc (-2.08%) and 3M Co (-2.08%) fell over >2%. Walmart Inc (up +0.64% to US$134.20) set record intra-day (US$135.155) and closing highs, with the world's largest retailer skated to post its first quarter result on Thursday night AEST (21 May) .

Topics covered

• bond yields
• US equity markets
• S&P500
• Nasdaq
• Walmart earnings
• stock market decline

Keywords

• bond yields
• US equity markets
• S&P500
• Nasdaq
• Walmart
• Cisco
• Boeing
• Amazon
• 3M

Mentioned in this episode

Organizations: Cisco Systems Inc, Boeing Co, Amazon.com Inc, 3M Co, Walmart Inc

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