# Evening Market Recap - Tuesday, 12-May

Page: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-tuesday-12-may
Text version: https://stenobird.com/podcast/factset-evening-market-recap-378590/evening-market-recap-tuesday-12-may.md
Podcast: [FactSet Evening Market Recap](https://stenobird.com/podcast/factset-evening-market-recap-378590)
Published: 2026-05-12T20:15:00+00:00
Episode link: https://www.factset.com/podcasts
Audio file: https://episodes.captivate.fm/episode/a5bcfc58-a7a9-4cab-b3b0-cb70c438f6a3.mp3
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JSON: https://stenobird.com/v1/public/podcasts/factset-evening-market-recap-378590/episodes/evening-market-recap-tuesday-12-may
Duration seconds: 350

## Resource

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.

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## Transcript

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