The stock market, especially Nasdaq-100 Index ($IUXX) names, has been partners with the AI trade for more than 3 years. But recently, the 10-year US Treasury yield is starting to butt in, putting that long rally at risk. And the way the stock market goes, it could get angry quickly. That’s the nature of a high-strung, one-way trade. Here’s a snapshot of that potential party-pooper. The one who’s moving in on the market’s darling, the Nasdaq-100. It’s the 10-year U.S. Treasury Bond yield, and it is starti ...

Justin Sullivan/Getty Images The Fed kicks off a two-day meeting today. It's largely expected to cut rates on Wednesday. Investors are currently pricing in an 87% chance of a 25-basis-point cut. One chart shows how the direction of stocks since late October has been largely dictated by rate-cut expectations. If you had to pick a defining driver of the stock market over the first several months of 2025, it would probably be President Donald Trump's tariffs. Then the middle section of the year was o ...