Tuesday's big stock stories: What’s likely to move the market in the next trading session
The Nasdaq Composite jumped to an all-time high and closed at a fresh record Monday as investors embraced the AI trade and looked past elevated Treasury yields.
TL;DR
- Nasdaq Composite hits a new high, up 18% year-to-date.
- Treasury yields reach multi-year highs, with the 10-year yield at its highest since 2002.
- Equal weight ETFs are underperforming market-cap weighted indexes.
- Defense tech company Anduril is highlighted for its focus on drones and AI-assigned missions.
- Traditional defense stocks like Lockheed Martin and Huntington Ingalls are down from their highs.
- Lamb Weston is down 34% from its October 2025 high.
- CrowdStrike stock hit a new high Monday, up about 173% in six months.
- Housing affordability remains a significant issue, impacting stocks like PulteGroup and Hovnanian.
- Marvell Technology is up about 220% year-to-date but down 17% from its June high.