Today’s stock market is as different as it can be from the one that most investors are used to seeing in the past. The new market regime requires participants to be more aware of what is happening everywhere, lest they miss out on life-changing opportunities or overstay their welcome when things are going well and give up most (if not all) of their gains back to the marketplace. The true way to stay in sync with the market is not by watching and understanding one market closely every day, such as the S&P 50 ...

Market Overview - Market indexes showed resilience against high bond yields, with the 30-year bond yield at +5.05%, the highest in 18 years, but moderated from previous spikes [1] - Major indexes finished flat, with the Dow, S&P 500, and Russell 2000 remaining unchanged, while the Nasdaq closed up +53 points (+0.28%) [2] - Despite being in the red over the past five trading days, the indexes have seen double-digit gains over the past month [2] Quarterly Earnings Summary - **Workday (WDAY)**: Reported Q1 earnings of $2.23 per share on $2.4 billion in sales, beating previous figures of $1.99 per share and $2.22 billion. However, shares fell -5% due to steady guidance and reduced capex spending [3] - **Deckers Outdoor (DECK)**: Earnings of $1.00 per share exceeded the Zacks consensus of 57 cents, with revenues of $1.02 billion surpassing expectations of $988.6 million. Shares dropped -11% due to lower-than-expected guidance for the current quarter and full-year guidance held back due to tariff issues [3] - **Intuit (INTU)**: Surpassed earnings expectations with $11.65 per share against a consensus of $10.89, and revenues of $7.75 billion exceeding the $7.54 billion forecast. Shares rose +5% following a significant increase in next-quarter guidance driven by Credit Karma growth [4] - **Ross Stores (ROST)**: Beat earnings estimates by 4 cents with $1.47 per share on $4.98 billion in revenues, slightly above consensus. Same-store sales were flat but improved from a projected decline. Shares fell -9% due to lower next-quarter earnings guidance attributed to tariff pressures [5] - **AutoDesk (ADSK)**: Reported Q1 earnings of $2.29 per share, beating the anticipated $2.14, with revenues of $1.63 billion slightly above the forecast of $1.61 billion. Shares gained +5% due to positive next-quarter guidance [6]

16 May 2025 | 7:22PM BST Simon Freycenet +44(20)7774-5017 | simon.freycenet@gs.com Goldman Sachs International Friedrich Schaper +44(20)7774-7906 | friedrich.schaper@gs.com Goldman Sachs International This report is intended for distribution to GS institutional clients only. Investors should consider this report as only a single factor in making their investment decision. For Reg AC certification and other important disclosures, see the Disclosure Appendix, or go to www.gs.com/research/hedge.html. c45a43530 ...

美国至5月15日4周国债竞拍-得标利率 4.22%，前值4.225%。 ...

新华财经北京4月28日电 债市周一（4月28日）延续暖势，国债期货主力合约多数上涨，银行间现券收 益率震荡回落1BP左右；公开市场单日净投放1030亿元，月末前流动性基本无虞，资金利率普遍延续下 行。 机构认为，随着基本面走弱和货币渐趋宽松，收益率后续尚存在向下突破可能。从投资策略来看，中长 端久期仍有保持的机会、长债依然占优，长端收益率有望创新低。 【行情跟踪】 银行间主要利率债收益率普遍小幅下行，10年期国开债"25国开05"收益率下行0.5BP至1.709%，10年期 国债"25附息国债04"收益率下行0.85BP至1.649%。 中证转债指数收盘下跌0.54%，报419.91点，成交金额482.30亿元。其中，普利转债、飞凯转债、华翔 转债、京源转债、银轮转债跌幅居前，分别跌18.13%、10.18%、6.97%、6.92%、5.86%。华医转债、博 瑞转债、易瑞转债、阿拉转债、天源转债涨幅居前，分别涨2.72%、2.39%、1.86%、1.54%、1.43%。 【海外债市】 北美市场方面，当地时间4月25日，美债收益率全线走低，2年期美债收益率跌5.94BPs报3.7377%，3年 期美债收益率跌7 ...