RoboStreet – May 25, 2023 U.S. Indices Rise as Debt Ceiling Negotiations Show Progress; Tech Stocks Surge on Nvidia’s Strong Earnings U.S. stock indices experienced a positive turn on Thursday as President Joe Biden and House Speaker Kevin McCarthy neared a deal on the debt ceiling. The Dow Jones Industrial Average, initially in the red, […]
In early trading on Monday, U.S. stocks showcased a mixed performance as investors held their breath for updates on a potential deal to raise the U.S. debt ceiling. While both the S&P and Nasdaq appeared poised to finish the day with gains, the Dow Jones lagged behind in negative territory. Additionally, U.S. stock futures marginally […]
Inflation is an economic phenomenon characterized by a rise in the overall price level of goods and services over time, resulting in a decrease in the purchasing power of currency and increased living costs. The stock market is significantly impacted by inflation, necessitating investors’ ability to navigate through it for optimal investment outcomes. In this […]
RoboStreet – May 18, 2023 Stock Market Rebounds on Tech Stocks, Debt-Ceiling Talks, and Earnings Drive Investor Sentiment In a strong recovery from previous losses, the stock market opened the week on a positive note, driven by the impressive performance of technology stocks. Additionally, investors are closely monitoring the ongoing debt-ceiling talks and eagerly awaiting […]
In a strong rebound from previous losses, the stock market closed higher on Monday, propelled by technology stocks. Investor focus now shifts to the second round of high-level debt-ceiling negotiations, set to take place at the White House on Tuesday. Simultaneously, the final round of key earnings releases is underway, offering valuable insights into the […]
RoboStreet – May 11, 2023 Inflation Data and Earnings Reports Drive Market Volatility The stock market had another volatile week, influenced by significant earnings reports and key inflation data. This week saw prominent companies such as Disney (DIS), Western Digital (WDC), and PayPal (PYPL) release their earnings, along with crucial Consumer Price Index (CPI) and […]
Today, the stock markets experienced a mixed trading session, with the Nasdaq and S&P closing in positive territory, while the Dow ended in the red. The upcoming earnings releases of prominent companies such as DIS, WDC, and PYPL, alongside crucial CPI/PPI data, are expected to influence the market’s next move. Despite talk of a potential […]
RoboStreet – May 4, 2023 Market Volatility Expected to Continue During Earnings Season Stocks fell on Thursday as concerns over banking industry woes and the Federal Reserve’s interest rate hike weighed heavily on investors. All three major US stock indices were down for the fourth consecutive session, and the Dow Jones Industrial Average erased all […]
On Monday, all three major US stock indices closed lower as investors analyzed the banking industry in anticipation of this week’s Federal Open Market Committee (FOMC) meeting. JP Morgan Chase’s announcement that it would be acquiring all the deposits of First Republic Bank resulted in a slump in stocks. The Federal Reserve’s rate-setting committee will […]
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