Bloomberg Market Wrap 6/20: S&P 500 at Record, 10-Year Yield, Cruise Lines

The video discusses the S&P 500 reaching an all-time high, with a broad rally among stocks. It then shifts to the bond market, focusing on the 10-year yield trends and potential rate changes. Finally, it covers challenges faced by cruise companies, particularly Carnival Corp, due to geopolitical and macroeconomic factors.

What key level did the S&P 500 cross to reach an all-time high?

• 3100

• 2800

• 3000

• 2945

What was the approximate yield of the 10-year bond during much of 2018?

• 2%

• 3%

• 1.5%

• 2.5%

Which company led the decline among cruise ship operators in the S&P 500?

• Disney Cruise Line

• Carnival Corp

• Norwegian Cruise Lines

• Royal Caribbean

What was one of the reasons for Carnival Corp's earnings forecast cut?

• Increased competition

• US crackdown on travel to Cuba

• Labor strikes

• Rising fuel costs

What did Carnival Corp's CEO cite as impacting recent booking trends?

• Technological advancements

• Geopolitical and macroeconomic headwinds

• Increased marketing efforts

• New cruise destinations