STOCKS DO NOTHING: Here's what you need to know

pulse

June 5, 2017 9:24 PM

Stocks were once again little changed on Monday.

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Stocks barely budged on Monday as gains in energy stocks offset losses in raw-material producers.

Dow:
S&P 500:
Nasdaq:
US 10-year yield:
WTI crude oil:

1. The 'smart money' is playing tug of war with a crucial part of the Trump trade. Hedge funds and large-cap mutual funds disagree about the future prospects of the financial sector, which has been a shining spot of the Trump trade since the presidential election.

2. A secret weapon is propping up global markets: A reservoir of cash that makes it easy for investors to buy on dips. The $5 trillion in capital sitting on the sidelines is close to the highest in history, and could spell more gains for equities and bonds alike.

3. Young adult homeownership in the US is at a record low,

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