Stocks Climb Amid Signs of Stabilizing Labor Market

Published on May 6, 2026

Despite continued geopolitical gridlock that has kept the Strait of Hormuz largely closed—and pushed West Texas Intermediate crude oil above $100 last week for the first time since the April 8 ceasefire announcement—U.S. equities continued to climb.

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Fixed Income Looks Attractive Again

May 6, 2026
Thus far 2026 has been a roller coaster year for fixed income markets. The 10-year Treasury, the benchmark rate for the bond market, saw its yield trade as low as 3.94% and as high as 4.43%.

Market Correction Risk: Why Summer 2026 Looks Risky

May 6, 2026
The S&P 500 hit a fresh record high last week. The median stock in the index is sitting 13% below its 52-week peak. That divergence is not a footnote or a curiosity.