2min chapter

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Bloomberg Wall Street Week - May 12th, 2023

Wall Street Week

CHAPTER

The Equity Markets Are Relatively Calm Despite the Kerfuffle Down in Washington

The markets this week were relatively calm with the S&P 500 off just three tenths of a percent. Only seven stocks are driving 80% of the year to date gains, which is very concentrated. The yield in the tenure up less than two basis points ending the week at 3.4606. We welcome Liz and Kristen Briderley back to Wall Street Week.

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