RoboStreet – August 4, 2022 July Employment in Focus Following Strong Earnings As another week comes to a close, the market has continued to push and pull in both directions, supported by strong or promising earnings and pressured by growing signs of inflation and recession. Currently, U.S. indices are on track to finish the week […]
On Wednesday, U.S. equities soared after positive corporate earnings and solid economic data eased fears of a recession. All three major U.S. indices ended sharply higher as investors weighed earnings reports and better-than-expected economic data following a month of losses owing to international tensions sparked by Speaker Nancy Pelosi’s trip to Taiwan. The Nasdaq climbed […]
On Monday, the volatility index is trading near $24 level and all three major U.S. indices closed in the red. Following the largest monthly rise in the S&P 500 and Dow industrials since November 2020, the question now turns to whether markets have bottomed or are experiencing a bear-market bounce from June’s steep lows. Last […]
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