Wall Street’s latest rally is being powered by another AI mega-deal, OpenAI’s US $38 billion partnership with Amazon Web Services. That’s pushing the Nasdaq higher even as most sectors finished lower. But beneath the AI excitement, U.S. manufacturing remains in contraction, Treasury yields are pushing past 4 percent, and the dollar’s firming again.

Dan Koh speaks with José Torres, Senior Economist at Interactive Brokers, about what this split in the market says about the economy’s true health, the signals from corporate earnings, and whether rising yields and a stronger greenback could test investors’ optimism.

Wall Street&rsquo;s latest rally is being powered by another AI mega-deal, OpenAI&rsquo;s US $38 billion partnership with Amazon Web Services. That&rsquo;s pushing the Nasdaq higher even as most sectors finished lower. But beneath the AI excitement, U.S. manufacturing remains in contraction, Treasury yields are pushing past 4 percent, and the dollar&rsquo;s firming again.
Dan Koh speaks with Jos&eacute; Torres, Senior Economist at Interactive Brokers, about what this split in the market says about the economy&rsquo;s true health, the signals from corporate earnings, and whether rising yields and a stronger greenback could test investors&rsquo; optimism.

Enjoy this breakfast show: as you sip on your morning coffee, let notable markets and finance experts help you make sense of the latest movers on Wall Street.

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, Money FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

US Markets Wrap

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

As you sip on your morning coffee, MONEY FM 89.3's Breakfast Show makes sense of the latest movers on Wall Street, with notable markets and finance experts to help you stay ahead.

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