00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Stocks extended their rally Tuesday as the Dow Jones Industrial Average closed on a record high,
00:06getting 0.2% and posting its best quarter in a year with a 5.2% advance, according to the Wall Street Journal.
00:12Earnings strength, tax cut prospects, and interest rate cuts are fueling optimism.
00:17The LASP 500 has climbed 14% this year, and the Dow and NASDAQ have posted up 9.1% and 17% respectively.
00:23The bond market rallied on rate cut homes, struggling the 10-year Treasury yield down to 4.149%,
00:29pushing corporate credit spreads to their lowest level in decades.
00:32And concerns are mounting that the rally has overextended.
00:35The analysts warning about fraudly speculation in meme stocks, a SPAC revival,
00:39soaring AI valuations, and stretched corporate multiples.
00:43Gold and silver prices are also surging at some investors' hedge against risks.
00:47Analysts warn that any inflation rebound from tariffs can trigger a 5% to 10% correction.
00:51For all things money, visit Benzinga.com.
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