Wall-Street is off to a good start this week, with the US indices closing at the day's highs, with gains exceeding expectations (and 70% higher than those observed during the 1st quarter), with the Dow Jones at +0.45%, the SP-500 'clinging' to +1% and the Nasdaq racking up +1.2%.
It climbs in the wake of the usual locomotives (the list of favorites doesn't change much!) Super Micro Comp +6.1%, Micron +4.7%, AMD +4.3%, Nvidia +3.8%, Netapp +3.2%, Netflix and Microchip +3%, Tesla +2%.

After the close, Palantir reported sales of $2.684 billion ($2.71 billion expected), a very cautiously optimistic forecast, and the stock fell by -5% in electronic trading.
On a positive note, the VIX, which had risen sharply at the start of the session (to around 14), was back to square one, at around 13.5 (stable).
Today's rise, along with the previous week's gains, contradicts for the time being the old stock market proverb: "Sell in may and go away".

Investors seem to be regaining hope in the possibility of the Federal Reserve finally deciding to cut rates this summer (June or late July), a prospect that remains shrouded in the utmost vagueness.

Among the few indicators on this week's agenda, the University of Michigan's Consumer Confidence Index on Friday will give us a better idea of the current mood of American households.

T-Bonds turned around in the afternoon, and after easing by -3pts around 2.30pm, they were back in contact with 4.500% this evening, with the '2-year' rising by +3pts to 4.836%.
WTI's slide is halted, with the barrel stabilizing at around $78 on the NYMEX, down 10% since April 14.

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