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Robinhood Extends Rally as Speculation Over S&P 500 Inclusion Grows

(Bloomberg) -- Robinhood Markets Inc. shares extended gains into a sixth straight day as investors speculate that the online brokerage could become the latest firm to earn a coveted spot in the S&P 500 Index. Most Read from BloombergNext Stop: Rancho Cucamonga!ICE Moves to DNA-Test Families Targeted for Deportation with New ContractWhere Public Transit Systems Are Bouncing Back Around the WorldUS Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents WarnTrump Said He Fired the National P

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Gold Gains Early, Slips Late as Jobs Report Boosts Dollar

Happy Friday, traders. Welcome to our weekly market wrap, where we take a look back at these last five trading days with a focus on the market news, economic data, and headlines that had the most impact on gold prices and other key correlated assets— and may continue to in the future.

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Why Tesla Stock Is Bouncing Higher Today

Tesla stock is regaining ground today after falling 14.3% in Thursday's trading. The EV company's share price has been volatile amid shifts in the relationship between CEO Elon Musk and President Trump. Tesla stock is also getting a boost from the latest U.S. jobs report.

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Credit Markets Very Attractive: HSBC's Altongy

HSBC Americas Head of Debt Capital Markets Patrice Altongy sees a very attractive credit market. Barings High Yield Portfolio Manager Michael Best say consumer discretionary sector is a concern. They speak with Sonali Basak on "Real Yield."

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Trump-Musk induced Tesla slide points to market risks from massive stocks

NEW YORK (Reuters) -The rift between President Donald Trump and Tesla chief Elon Musk has captivated the world as a political drama, but it has also become a Wall Street spectacle, highlighting the risk to equity markets from the world's biggest stocks. Tesla shares slid 14% on Thursday as Musk and Trump feuded largely on social media, including the president threatening to cut off government contracts to Musk's companies. Although the stock modestly rebounded on Friday, Thursday's decline dragged down some of the most closely followed equity indexes, which are more heavily influenced by companies with the largest market values.

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