RoboStreet – January 20, 2022 Emerging Markets Are Back In Fashion All eyes are on the moving averages for the Dow, S&P, and the Nasdaq 100, of which all three are holding above their respective 200-day moving averages. Bond yields made a sudden adjustment higher that incited a reset for growth stocks. There is a […]
Inflation anxiety continues to rattle the market as stocks sold off on Wall Street with all three major U.S. indices closing in the red. Leading the way was the Nasdaq Composite Index, down 1.15%, falling below its correction level of 14,451.69, triggering fear of extended selloffs as the market continues to grapple with worrisome inflation […]
RoboStreet – January 13, 2022 Weaker Dollar Triggers Rally In Emerging Markets The three-day rally for the Nasdaq off of its 200-day moving average ran out of steam yesterday after the second inflation data point was released, showing further upside pressure on prices at the wholesale level. Treasury yields are inching higher across the curve […]
After reading on inflation came in near a four-decade high, the Dow Jones Industrial Average and other key stock indexes closed with modest gains Wednesday. U.S. stocks rose Wednesday, relieved after the most recent reading on inflation didn’t turn out to be worse than expected. In December, the consumer-price index rose 0.5 percent on a […]
Markets traded to mixed results as the S&P 500 and Dow extend their losing streaks following market-wide sentiment of three additional Fed rate rises anticipated in 2022. The Nasdaq Composite Index rose slightly in the final minutes of trading on Monday, recovering after taking a beating earlier in the day, as investors reacted to concern […]
RoboStreet – January 6, 2022 Tsunami Wave Of Selling Hits Nasdaq As the year started with so much promise in what was textbook Santa Claus Rally, the rally was cut short by the release of the Fed’s December policy statement revealing a more hawkish action plan than had been communicated by Fed Chairman Jerome Powell […]
Stocks fell significantly on Wednesday after the release of minutes from the Federal Reserve’s last policy meeting in 2021 revealed a debate about a potentially faster pace of shrinkage and rate hikes. Following the publication of FOMC minutes from its most recent meeting in December, which revealed a more hawkish tone among Fed officials struggling […]
RoboStreet – December 30, 2021 Strong Finish To A Challenging Year This year will go down as one of the most difficult times in recent American history for the U.S. and the rest of the world that had to contend with three variants of Covid-19 and all the ways this deadly virus impacted our lives. […]
Stocks in the United States were higher Wednesday, with the exception of the Nasdaq Composite Index trading in negative territory, as longer-dated Treasury yields rose toward one-month highs. The Dow neared record close territory today while the Nasdaq saw pressure from a modest tech-sector selloff. Investors remain focused on the omicron variant of coronavirus, however, […]
Monday’s gains saw the S&P 500 and other major stock indexes rise following strong gains in technology and energy stocks to establish a new daily record for the S&P and a strong start to the final trading week of 2021. Nation-wide, U.S. airports and global airlines are seeing COVID-related flight cancelations and travel restrictions spike […]
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