EPISODE · May 22, 2024 · 17 MIN
Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus
from Stock Market Today With IBD · host Investor's Business Daily
The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base. Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The 10-year Treasury yield rallied a bit after the minutes from the May 1 Fed meeting were released. Just after the close, the yield was trading around 4.43%, up 2 basis points. Oil and gas stocks lagged badly, along with metals and mining stocks. Loar Holdings followed through after clearing an IPO base Tuesday; Monday.com is holding gains well after gapping up on earnings; Vertex Pharmaceuticals is near the top of a shallow cup base. Learn more about your ad choices. Visit megaphone.fm/adchoices
NOW PLAYING
Stocks Step Back After Fed Minutes; Loar, Monday,com, VRTX In Focus
No transcript for this episode yet
Similar Episodes
Mar 26, 2026 ·1m
Jan 2, 2026 ·47m
Dec 21, 2025 ·46m