Stock Market Winners & Losers: Stocks Mimic the Fed & Edge Higher | Stand-Up Comedy Has Tripled Over Last Decade | Homeownership is Becoming a Pipe Dream
Today's market is up, partly due to declining Treasury yields. Last week's U.S. jobs data eased concerns about an overheating economy, supported by Fed Chairman Jerome Powell's stance against an interest rate hike.
The 10-year Treasury yield is at 4.431%, and over 80% of S&P 500 companies reported their best earnings season in nearly two years. Peloton's stock surged 13.5% on potential buyout news.
In housing, optimism is low, with a record-low 40% of renters believing they'll never own a home due to high mortgage rates and listing prices. Only 13% plan to move in the next year.
Stand-up comedy has evolved, with platforms like Netflix, YouTube, and social media replacing sitcom dreams. Live comedy ticket sales hit $909 million in 2023 from $371 million in 2012. Netflix's funding of stand-up specials has reshaped the industry, making it a big business and a path to stardom.
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