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 […]
RoboStreet – December 23, 201 Markets Looking Past Omicron The investing landscape has vastly improved this week as news of the Omicron variant burning out in South Africa within 25 days has raised optimism that the pandemic is finally weakening. Some health experts are liking this third wave of Covid-19 as to the end of […]
After snapping the downtrend we saw last week which rolled onto Monday, U.S. stock indices rebounded on Tuesday and added to those gains throughout Wednesday. Omicron variant concern and uncertainty continue to influence market sentiment while the latest upbeat economic reports have offered some support. Volatility remains a concern as we head into the holiday […]
After closing sharply lower to end last week, U.S. indices once again saw significant losses as omicron variant COVID concerns pressured the market. Last week, markets responded to the central bank’s latest policy update with the Fed announcing their plan of two hike rates in 2022 and a scaling back of the bond-buying program. These […]
RoboStreet – December 16, 2021 Fed Doubles Down On Turbo Taper The Fed laid out their plan to catch up with rampant inflation, stating they will double the size of the monthly taper to $30 billion from $15 billion with the intention of raising the Fed Funds Rate two or three times by the end […]
Following today’s Federal Open Market Committee meeting and comments from Fed Chair Jerome Powell, all three major U.S. indices traded impressively higher, booking their best single-day gains in recent sessions. The speedier reduction of its monthly asset purchases and elevated inflation were discussed as the Fed vowed to more aggressively normalize monetary policy to subvert […]
The main U.S. stock market indexes opened mostly lower on Monday, with several sectors, including energy and finance, taking big hits ahead of the last Federal Open Market Committee meeting of 2021. Last week’s inflation figure, COVID variant concerns, and European geopolitical developments are all putting pressure on the market. The $VIX pulled back from […]
RoboStreet – December 9, 2021 Is Inflation Transitory Or Not? That Is The Question Every day investors wake up to a number of variables that can impact equity markets and their portfolios. Lately, there have been a host of economic and geopolitical factors making for a very volatile landscape. The highly contagious omicron variant put […]
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