Stocks shrugged off the rise in bond yields following a hotter employment report as investors eyed a Goldilocks environment for equities. The S&P500 and the Nasdaq 100 both added 0.4% to reach 4,604 and 16,084, the highest closing levels since March 2022 and January 2022, respectively. Lululemon gained 5.4% after analysts upgraded share price targets for the athleisure retailer post-results. Fixed income: Treasuries sold off across the yield curve, with the short end being hit the most as traders pared the amount of rate cut priced in amid increases in headline payrolls surpassing expectations and an unexpected fall ... (full story)