Results from the 20-year bond auction sent stocks tumbling on the trading session. Target (TGT) previously sold off through its weaker-than-expected earnings and widened guidance. However, Alphabet (GOOGL) flexed strength as the SPX leader after announcing its own "A.I. Mode." Strong earnings from Snowflake (SNOW) sent the stock soaring near all-time highs after hours, while Bitcoin futures touched new highs. Alex Coffey analyzes the session's biggest stories.
21 May 2025
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