Tag: US stocks

February 7, 2024

The quiet period after the festive Christmas period has, according to data going back to 2007, witnessed very modest returns for the S&P 500. In fact, over the same time horizon, it represents the third worst month for the index. […]

August 8, 2023

US stocks opened lower on Tuesday, with the Dow shedding almost 300 points as investors assess Moody’s downgrade of 10 small and mid-sized US banks. Moody’s slashed the credit ratings on the banks on Monday, while also placing several other […]

July 7, 2023

US stocks dipped on Friday after the latest jobs report showed hiring cooled in June but wage growth remained hot, providing a mixed bag of data for the US central bank to sift through as it heads into its next […]

June 29, 2023

US stocks edged higher Thursday as markets digested economic data and bank stress tests by the Federal Reserve. The S&P 500 has gained about 6.5% in the quarter, and is on track for its third consecutive quarter of gains. In […]

June 27, 2023

US stocks rallied on Tuesday as investors digested upbeat economic data and the latest developments in Russia after the Wagner Group’s weekend mutiny. Supported by transportation spending, durable goods orders for May came in stronger than expected, easing concerns about […]

March 17, 2023

The biggest banks in the US placed $30 billion in deposits at struggling First Republic Bank in the wake of increased withdrawals from nervous customers at midsized US banks. The first domino to fall was Silicon Valley Bank, followed by […]

January 6, 2023

The CNN Money Fear and Greed index showed easing in the fear level among US investors. US stocks closed lower on Thursday as investors assessed the recent jobs data. Private businesses in the US added 235,000 jobs in December, well […]

January 3, 2023

The CNN Money Fear and Greed index showed some easing in the fear level among US investors on the last trading day of 2022. US stocks fell on Friday with Wall Street recording its worst year since 2008. The Dow […]

August 24, 2022

The dollar eased while U.S. and European stocks edged higher on Wednesday ahead of a speech at the end of the week by Federal Reserve Chair Jerome Powell that may signal a reaffirmation or a “pivot” from an aggressive policy […]

July 7, 2022

The beginning of the month warrants a review of the seasonal patterns that have influenced forex markets over the past several years. For July, our focus is on the trailing 5-year and 10-year performances, both of which fully capture trading […]

January 13, 2022

US stocks rose Thursday, on course to extend a winning streak as investors assessed labor-market and inflation data while preparing for the steady stream of corporate earnings kicking off this week. All three of Wall Street’s major benchmarks were headed […]

November 5, 2021

US stocks signaled new record highs Friday as an upbeat jobs report boosted economic optimism in the country. The benchmark S&P 500, which closed at a record high for the 63rd time in the previous session on Thursday, added to […]

October 29, 2021

US stocks fell from record highs Friday as investors wrap up October trade with disappointing financial updates from tech behemoths Apple and Amazon. The Nasdaq Composite and S&P 500 index pulled back from Thursday’s record close, with shares of Apple […]

August 23, 2021

US stocks rebounded from last week’s losses and moved higher on Monday, ahead of a key policy meeting from the Federal Reserve. Fed Chairman Jerome Powell and Fed governors are set to meet for their annual Jackson Hole meeting on […]

March 31, 2021

Asian shares were mixed Wednesday as pointed to a strong economic recovery in China but worries lingered about the coronavirus pandemic. Japan’s benchmark Nikkei 225 dipped 0.8% in morning trading to 29,200.21. Australia’s S&P/ASX 200 added 1.5% to 6,841.60. South […]

February 11, 2021

US stocks hovered near record highs Thursday morning as investors weighed a stagnating labor market rebound and dovish tone from the Federal Reserve. New jobless claims reached an unadjusted 793,000 for the week that ended Saturday, the Labor Department said. […]

December 29, 2020

US stocks climbed on Tuesday to continue Monday’s rally which saw all major indices close at new record highs. The House passed a bill Monday to increase the $600 federal direct payments to $2,000. The vote passed 275 to 134, […]

December 17, 2020

US stocks gained in Thursday morning trades, pushing near record all-time-highs as a $900 fiscal stimulus bill to hasten the economic recovery from the COVID-19 pandemic appeared imminent. The stimulus bill would include direct payments to most Americans of $600, […]

December 1, 2020

US stocks gained on Tuesday, a day after the Dow Jones industrial average completed its best month since 1987. The S&P 500 opened at a record high as vaccine progress continued to lift stocks battered the most by the coronavirus […]

September 24, 2020

U.S. stocks are swinging between losses and gains in Thursday morning trading, as volatility continues to be the dominant force in Wall Street’s tumultuous September. The S&P 500 was 0.1% higher, as of 10:25 a.m. Eastern time, after earlier yo-yoing […]