Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Wall Street's Big Rebound Shows Signs of Fatigue: Closing Bell
Posted
May 14, 2025
Views
1,093
Likes
17
Comments
1
Engagement
May 14, 2025
1,093
17
1
1.65%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
10:19Now PlayingComprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec.
Wall Street’s epic rebound from April’s meltdown is showing signs of exhaustion on speculation stocks have run too fast amid risks stemming from a trade war to an economic slowdown and sticky inflation.
Following a 22% jump from last month’s intraday lows, the S&P 500 eked out a gain. Most sectors fell, but big tech climbed. Boeing Co. advanced on its largest-ever deal, with Qatar Airways placing an order for long-range jets during a visit to Doha by Donald Trump. The dollar erased losses as Bloomberg News reported the US is not working to include currency policy pledges in trade accords. Bond yields rose as Federal Reserve rate-cut bets receded.
A sharp rebound in risk assets — fueled by progress in trade talks and economic resilience — followed a month in which the consensus was to brace for the worst. The US-China truce, a UK pact and high-profile Gulf deals have reassured investors, yet lurking in the background is the worry that stocks get so extended that they’re vulnerable to surprises.
“As trade tensions ease, investors are pivoting back to fundamentals, but they may not like what they see,” said Mark Hackett at Nationwide. “The market has raced from oversold to overbought in record time. That limits near-term upside unless we see a clear re-acceleration in growth.”
The S&P 500 rose 0.1%. The Nasdaq 100 added 0.6%. The Dow Jones Industrial Average lost 0.2%. A gauge of the “Magnificent Seven” megacaps climbed 1.7%. In late hours, Cisco Systems Inc. gave a bullish forecast while Coreweave Inc. said artificial-intelligence cloud demand is accelerating.
The yield on 10-year Treasuries advanced seven basis points to 4.53%. The Bloomberg Dollar Spot Index was little changed.
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
Follow us on X
Subscribe to our Podcasts:
Bloomberg Daybreak
Bloomberg Surveillance
Bloomberg Intelligence
Balance of Power
Bloomberg Businessweek
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay
Android Auto
Visit our YouTube channels:
Bloomberg Podcasts
Bloomberg Television
Bloomberg Originals
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
