Part 7/11:
Market Sentiment: A Mixed but Resilient Response
Global markets responded cautiously. Following initial enthusiasm, the major indices dipped slightly, with the Dow and S&P pulling back around 0.5%. Tesla's shares, however, remained resilient, rising nearly 3%, reflecting investor optimism and confidence in Musk’s ambitious plans.
Bonds experienced a modest rally, with yields dropping just under 10 basis points to around 4.08%, signaling continued investor safety appetite amidst volatile economic signals. Oil prices edged lower, with U.S. production reaching record levels—an affirmation of Trump's energy policies' effectiveness—pushing production to 13.58 million barrels per day.