Happy Tuesday. After a longer market weekend, the U.S. stock market advanced despite fresh escalations in the Iran conflict. The Russell 2000 advanced over 1.5% intraday, while the Nasdaq advanced closer to 1%. WTI Crude crawled back from a nearly 4% decline, while Treasury yields continued to decline after a weeks-long rally.
As universities kick off commencement season, some sage advice or wise words are would usually be in order for thousands of college graduates entering the workforce. However, instead, it's Gen Z providing their own commentary, booing AI or artificial intelligence. It's easy to understand why, and it might be a warning for the market.
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