US 10-Year Treasury Yield at 6% Emerges as New Market Risk Threshold 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Asian Stocks Fall as Bond Yields Surge Ahead of Trump-Xi Summit 
U.S. Dollar Hits Two-Month High as Oil, Treasury Yields Surge 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Gold Prices Fall as Treasury Yields Rise on Fed Rate Hike Bets 
Mexico-US Trade Talks Delayed to October as Tariff Negotiations Continue 
Soybean Futures Slip as Traders Await Trump-Xi Trade Signals 
UK PM Burnham to Unveil Economic Vision at Labour Conference 
Japanese Bank Stocks Surge as Bond Yields Fuel Rate Hike Bets 
Trump, Xi Focus on Trade and AI at White House Summit 
Asian Currencies Mixed as Dollar Holds Near Two-Month High 
Dollar Falls as Oil Eases, Yen Jumps on Intervention Signals 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
China Agrees to Buy 20 Million Tons of U.S. Coal 
Canadian Dollar Faces Pressure as Fed-BoC Policy Gap Widens 
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Wall Street closed mixed on Thursday as investor sentiment improved slightly amid progress in U.S.-Japan trade talks, though caution prevailed ahead of the Good Friday holiday. The S&P 500 inched up 0.13% to 5,282.70, while the Nasdaq dipped 0.13% to 16,286.45. The Dow Jones slid 1.33% to 39,142.23, dragged down by UnitedHealth’s 22% plunge after the insurer cut its profit forecast due to surging medical costs.
Eli Lilly shares jumped 14% after reporting its experimental pill matched the performance of Ozempic in reducing blood sugar and weight. Apple rose 1.4%, rebounding from recent losses. However, broader sentiment remained cautious as traders eyed President Donald Trump's tariff strategy and comments on potential trade agreements with China and Japan. Trump criticized Federal Reserve Chair Jerome Powell and called for rate cuts, raising concerns over central bank independence.
Market volumes were lighter than usual, with 14.6 billion shares traded versus a 20-day average of 19.2 billion. Energy and consumer staples led gains among S&P 500 sectors, up 2.3% and 2.2%, respectively.
Despite Thursday’s slight recovery, major indexes logged weekly losses: the S&P 500 fell 1.5%, the Nasdaq 2.6%, and the Dow 2.7%. Since April 2—when Trump announced global tariffs—the S&P 500 remains down roughly 7%.
In extended hours, Netflix gained 2.5% after beating earnings forecasts and issuing a bullish outlook. Meanwhile, Alphabet shares dropped 1.4% following a legal ruling that Google illegally dominated ad tech markets.
Jobless claims data showed stable labor conditions, but businesses remain cautious due to tariff uncertainties. As recession risks rise and investors demand clear trade outcomes, market volatility is expected to persist in the weeks ahead.
