U.S. Indices Open Strong as Second-Quarter Earnings Season Takes Center Stage The start of the trading week saw all three major U.S. indices closing in positive territory on Monday. The market opened with a slight uptick as investors eagerly awaited further updates scheduled throughout the week. With a third of S&P companies lined up to […]
RoboStreet – July 27, 2023 Surprising GDP Growth and Fed’s Cautious Optimism: A Rollercoaster Ride for Stocks In an eventful day of trading on Thursday, the U.S. stock market took investors on a rollercoaster ride, as stocks dipped following the release of unexpected economic data. The much-awaited Gross Domestic Product (GDP) figures for the second […]
In a continued show of strength and confidence, the Dow Jones Industrial Average extended its remarkable winning streak for the 13th consecutive day, propelled by the Federal Reserve’s decision to raise interest rates by a quarter of a percentage point during its latest meeting. Federal Reserve Chairman Jerome Powell, in a press conference following the […]
RoboStreet – July 20, 2023 Second-Quarter Earnings Surge Amidst Market Optimism and Employment Gains As the second-quarter earnings season gains momentum, investors are eagerly assessing corporate performances, along with the latest released economic indicators, including retail sales data and updates on the U.S. housing market. The stock market experienced a robust start to the week, […]
RoboStreet – July 13, 2023 Stocks Surge to New Highs, Earnings Season Kicks Off The stock market witnessed an impressive rally for the fourth consecutive day, driving the S&P 500 and Nasdaq to intraday 52-week highs. The surge in stock prices was fueled by encouraging developments, including the producer-price index report, which revealed slower-than-expected growth […]
In a positive start to the week, all three major U.S. indices closed in the green, fueled by investor anticipation of June’s consumer price index (CPI) reading scheduled for release on Wednesday and the upcoming earnings season. Market participants are closely watching these events as they seek insights into the broader economy and the Federal […]
RoboStreet – July 6, 2023 Stocks Retreat as Labor Market Remains Strong, Fed Rate Hike Imminent Thursday witnessed a decline in stock prices as the latest economic data revealed that the labor market continues to thrive. Bond yields, however, experienced a rally in response to the news. It is becoming increasingly evident that the Federal […]
On Monday, all three major U.S. indices closed in positive territory as the nation prepared for the Independence Day holiday, which will result in the closure of markets on Tuesday. As the second half of the year begins, investors are closely monitoring the latest employment data and indicators of the overall health of the U.S. […]
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