News

- XLV is sharply underperforming SPY. - Healthcare, long seen as a defensive play relatively insulated from economic swings, is starting to look vulnerable.

The S&P 500 climbed 0.7% on Tuesday, May 13, 2025, bringing the index into positive territory for the year as investors reacted to positive data on inflation and tech stocks surged.

Stocks, oil and bond yields rose on Tuesday, lifted by the optimism surging through markets that the worst of the global trade crisis is past and that the growth outlook is much brighter than it looked only a few days ago. In my column today I look at the market and economic chaos sparked by U.S. President Donald Trump's 'Liberation Day' tariff announcement and ask: was it worth it? Trading Day is also sent by email every weekday morning.

Investor confidence surged this week as two major uncertainties subsided. As a result, stocks in various sectors soared.

The S&P 500 benchmark stock index hit another milestone in its remarkable march higher from the brink of a bear market in recent weeks: It has now erased all its losses for this year.

Shares of Palantir closed at an all-time high as optimism about easing tariffs has driven artificial intelligence stocks higher alongside a broader market rally.

Popular legal AI tool Harvey will now be using leading foundation models from Anthropic and Google, moving beyond strictly using OpenAI's, Harvey announced in a blog post on Tuesday. This is noteworthy because Harvey is one of the OpenAI Startup Fund’s most successful early-backed portfolio companies. The OpenAI Startup Fund is an OpenAI-associated fund to back companies developing products on top of AI technologies, primarily OpenAI's own. While Harvey says it's not abandoning OpenAI, merely ad