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 All manner of weird things keep happening in financial markets, from bond yields that go down when they should go up, to near-daily swings between big-picture convictions. It's hard to manage money when everything feels so fragile.
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Shareholders are betting on good times ahead for electric car maker Tesla and French luxury goods firm LVMH, the companies run by Musk and Arnault, respectively.
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The sports streamer is telling a story, but investors aren't convinced.
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 The global death toll from the coronavirus-borne illness COVID-19 rose above 3 million on Saturday, according to data aggregated by Johns Hopkins University, as the case tally climbed above 140 million. The U.S. leads the world in cases and deaths by wide margins, with 31.6 million cases and 566,238 deaths. The U.S. added at least 78,932 new cases and 940 new deaths on Friday, according to a New York Times tracker. The U.S. has averaged 70,117 cases a day in the past week, up 8% from the average two weeks ago.
Outside of the U.S., India has replaced Brazil as the country with the second highest number of cases at 14.5 million, and is fourth globally by deaths at 175,649. Brazil is third by cases at 13.8 million and second with a death toll of 368,749. Mexico is third by deaths at 211,693 and 14th highest by cases at 2.3 million. The U.K. has 4.4 million cases and 127,472 deaths, the highest in Europe and fifth highest in the world.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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First-time stock investors are making money now but market veterans know how this story ends.
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More gains on Friday have investors looking in the wrong place for future gains.
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Flurry of data pointing to rapid US economic rebound support asset prices
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U.S. stocks on Friday finished the week on a strong note, with the Dow and S&P 500 posting their second consecutive closing records and the Nasdaq Composite ending within a stone's throw of its record. Bullish investors point to a strong start to earnings season from the likes of JPMorgan Chase & Co. and Goldman Sachs Group coupled with blowout economic reports, notably a 10% rise in retail sales in March and weekly jobless claims figures falling to a pandemic low. Further helping lift buying momentum was a momentary pause in a climb for bond yields, which had previously been a sign of rising borrowing costs for investors and companies. The 10-year Treasury note yield finished at 1.571% on Friday, up on the day but down nearly 10 basis points on the week, marking its sharpest weekly drop in about 10 months. Against that backdrop, the Dow Jones Indusrtrial Average closed up by about 165 points, or 0.5%, to reach around 34,200, extending its climb beyond the 34,000 milestone achieved on Thursday. The S&P 500 index closed at a record high, up 0.4% to 4,185, while the Nasdaq Composite Index closed up 0.1% at 14,052, about 0.3% from its closing high or a little over 40 points. For the week, the Dow booked a 1.2% gain and the S&P 500 ended 1.4% higher, marking their fourth consecutive weekly climbs. The Nasdaq Composite closed up 1.1% for the week to mark its third straight weekly advance.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Crypto exchange's market listing heightens Wall St debate over future of digital currencies
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U.S. stocks shot higher at the open Friday, aiming for fresh records, as economic reports and corporate results remained strong. The Dow Jones Industrial Average added 157 points, 0.5%, to open near 34,193, while the S&P 500 added 15 points, 0.4%, starting trading near 4,185. Both indexes clinched record closes Thursday. The Nasdaq Composite index, meanwhile, ticked up 0.1%, about 15 points, to trade near 14,053. The pace of residential construction quickened in March, according to the most recent housing starts report and Morgan Stanley said profit doubled in the first quarter, topping analyst expectations.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Esports stock is soaring again after making a 6-fold jump in its public debut
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Treasuries also boosted by Fed pledge on continued financial support
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