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International Business Times
International Business Times
Business
Panos Mourdoukoutas Ph.D.

Stocks And Bond Prices Move In Opposite Direction – What It Means For The Future Of The Mega Rally

Representative Image (Credit: StockSnap/Pixabay)

U.S. stocks and bonds moved in the opposite direction last week. Major equity averages headed north as bond prices headed south, complicating Wall Street's next move.

The S&P 500 closed at 4,839.81, up 1.20% for the week; the Dow Jones at 37,4853.80, up 0.70% and the tech-heavy Nasdaq at 15,310.97, up 2.2%.

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