S&P 500 Stalls at 5,200, Bonds Rally as Investors Seek Safety

By Barry Stearns

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5/7, 16:06 EDT

The stock market rally hit a roadblock as the S&P 500 struggled to surpass the key resistance level of 5,200, leading to a pullback in stock gains.
Conversely, bond prices saw an increase amidst the stock market stall, indicating a shift in investor sentiment towards safer assets.