Episode
Evening Market Recap - Tuesday, 12-May
- Podcast
- FactSet Evening Market Recap
- Published
- May 12, 2026
- Duration seconds
- 350
- Processing state
not_requested- Canonical source
- https://www.factset.com/podcasts
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Summary
U.S. equities closed mostly lower Tuesday, as semis, memory, and software led declines amid a broader risk-off tone driven by higher yields and rising oil. WTI crude jumped 4.2% back above $100/barrel on lingering US-Iran tensions, Treasuries weakened with the 30Y yield back above 5%, and a hotter-than-expected core April CPI print reinforced market pricing leaning toward modestly more Fed tightening through year-end.