Treasuries fell as jobless claims hit lowest since April, keeping Fed on hold. Stocks near record highs. Bonds drop, 10-year yields rise to 4.40%. S&P 500 edges higher. Applications for US unemployment benefits fall for 6th week. President Trump visits Fed. JPMorgan Chase expects US equities rally to continue.

US margin debt may be too high. BNP Paribas Asset Management warns of near-term risks. Trump suggests tariffs won’t go below 15%. Some investors are concerned about market “frothiness.” NYSE advance-decline line hits fresh highs. Dow Inc. reports quarterly loss due to trade uncertainties.

Corporate highlights include Elon Musk warning of tough times for Tesla, Alphabet seeing AI demand boost sales, IBM reporting weak sales. Microsoft facing cyberattack, UnitedHealth under DOJ probe. Union Pacific in talks for potential tie-up. LVMH sales fall, American Airlines cuts earnings outlook.

Stocks rise, with S&P 500 up 0.2%. Currencies mixed. Dollar rises, euro stable, pound falls. Cryptocurrencies up. Bitcoin at $118,582.31, Ether at $3,691.61. Bonds see yield on 10-year Treasuries rise to 4.40%. Commodities fluctuate, WTI crude at $65.48, gold at $3,366.73.

Read more at Yahoo Finance: Bonds Fall on Jobs Strength as Stocks Grind Higher: Markets Wrap