Market Ends Winning Streak as Treasury Yields Rise RoboStreet – October 12, 2023 On a rather somber note, the U.S. stock market retreated on Thursday, closing with all three major indices in the red. This reversal followed a four-day winning streak and was fueled by a notable surge in Treasury yields. Investors were keeping a […]
Federal Reserve Signals Confidence, Corporate Earnings Impress Against the backdrop of escalating tensions in the Middle East following last week’s Hamas attacks, U.S. stocks rallied for the third consecutive session. The market’s resilience was underpinned by declining bond yields, signaling a growing belief that the Federal Reserve’s interest rate hikes have concluded. Moreover, investors were […]
Jobless Claims, Crude Oil, Mortgage Rates, and Stock Market Performance Dominate Headlines RoboStreet – October 5, 2023 The financial markets remain on a rollercoaster ride as investors grapple with uncertainty. The past week has seen a series of ups and downs across various sectors, promising more volatility in the coming months. Last week, stocks closed […]
The first full trading day of October and the fourth quarter brought a mixed bag of results for U.S. indices. While the Nasdaq trended higher, the Dow Jones found itself in the red, and the S&P 500 closed with somewhat muted results. Surprisingly, investors appeared unfazed by the last-minute deal Congress reached over the weekend […]
Market Volatility Continues Amid Inflation Concerns and Looming Government Shutdown RoboStreet – September 28, 2023 The U.S. stock market saw a turbulent week, culminating in a mixed bag of developments, including a rise in Treasury yields, a worrisome 7-year note auction, and a slide in oil prices. Investors are bracing for heightened volatility in the […]
Market Volatility, FOMC Insights, and Energy Sector Opportunities RoboStreet – September 21, 2023 This week’s key market event, the Federal Open Market Committee (FOMC) meeting, took place and laid out the framework for the Fed’s next move as well as the current market landscape. Since last week, markets have been grappling with a persistent pullback, […]
The stock market saw a hesitant climb on Monday as investors held their breath, anxiously awaiting the outcome of this week’s Federal Reserve meeting. Despite starting the day on a positive note, stocks struggled to maintain their upward trajectory as market participants braced for a week filled with central bank decisions. Nonetheless, amidst this cautious […]
Wall Street’s Rally: Economic Data Sparks Surge in Stocks, but Inflation Still Looms RoboStreet – September 14, 2023 In a thrilling Thursday afternoon, Wall Street witnessed a spirited surge in stock prices, fueled by a fresh influx of promising economic data. The United States stock market soared on the back of these numbers, instilling optimism […]
U.S. Stocks Open the Week with Gains Amid Economic Data Anticipation The U.S. stock market kicked off the week on a positive note, with all three major indices posting gains on Monday. Investors’ attention is now firmly fixed on a series of upcoming economic data releases, poised to influence the Federal Reserve’s interest-rate policy decisions. […]
Tech Stocks Slide as Market Awaits Federal Reserve’s Next Move RoboStreet – September 7, 2023 On Thursday, markets traded to mixed results as the S&P 500 and Nasdaq Composite found themselves in the red, while the Dow Jones Industrial Average made modest gains. The Nasdaq Composite, in particular, suffered its fourth consecutive day of declines, […]
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