From Dow Jones & Company: 2025-05-29 12:36:00

On Thursday, most S&P 500 sectors were down, but real estate and utilities saw gains due to a decrease in bond yields. Real estate stocks rose by 0.6% as the 10-year Treasury yield dropped to 4.43%. This came after the Bureau of Economic Analysis revised the first-quarter GDP estimate to a 0.2% decline. Home builders also benefited from a court ruling on import tariffs.

The utilities sector, which is influenced by interest rates and AI trends, saw a 0.3% increase. Nvidia’s strong demand for AI chips in their latest earnings report boosted the AI trade, contributing to the sector’s positive performance.



Read more at Dow Jones & Company: Real Estate and Utilities Are the Only Sectors Working