Stocks have shown mixed performances as investors closely monitor inflation data and corporate earnings. Positive data releases have led to a cautious optimism among traders, with the S&P 500 hitting record highs and tech-heavy Nasdaq benefiting from Apple's strong showing in China.
On the other hand, concerns about inflation have caused some market slides and spikes in Treasury yields, prompting a pause in the spring rally. Bond markets are particularly sensitive to inflation risks, with global government bond portfolios down 4.9% for the year.
Analysts are adjusting their S&P 500 predictions upwards, expecting a continued rally driven by strong corporate earnings and bets on Federal Reserve interest rate cuts, while international markets await new inflation data to gauge monetary policy implications.
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