Markets are edging higher today, on track for the fourth straight day of gains. All three major U.S. indices are up over 3% for the week and look to continue building off gains with several key earnings and economic reports still due this week. As containment efforts continue in China, the death toll has now […]
For the third straight trading session, markets rose impressively with the Dow and S&P up over 1% today while the Nasdaq is on track for a 0.40% gain. News of progress on a possible treatment to the Wuhan virus has helped global markets while impressive ADP employment data and corporate earnings are supporting U.S. stocks. […]
After markets traded lower to end last week, markets are seeing nice rebounds today off strong economic data and continued efforts to contain the coronavirus. Earnings season continues with Google parent-company Alphabet reporting earnings after market close today while tomorrow lookout for Disney, Snap, and Ford data. Additional key reports this week include Twitter, General […]
RoboStreet – January 30, 2020 Tech Sector Is A Buy On Pull Backs The stock market has hit a headwind of resistance tied to the uncertainty surrounding the spread of Coronavirus. SPY traded to a new all-time high of $332.95 and has shed 2.7% since hitting that mark. Volatility is up and will likely persist […]
Spread of the Chinese coronavirus continues to impact global markets as stocks lowered in early morning trading. Containment efforts in China are in progress while Chinese stock markets will be closed until Monday. Both European and Asian markets finished lower while all three major U.S. indices are on track to close in the red. Several […]
For the second straight day, markets are trading higher behind strong earnings ahead of the latest FOMC decision. With markets initially trading lower to start the week due to the viral outbreak in China, notable earnings and economic reports, as well as additional preventative measures from China, have helped all three major U.S. indices rebound. […]
To start off the busy week, markets are trading lower with all three major U.S. indices on track to close in the red. This week we will see key earnings from Apple, Amazon, Facebook, Microsoft, Visa, and MasterCard, as well as the first Federal Open Market Committee meeting of 2020. On Wednesday, the latest monetary […]
RoboStreet – January 23, 2020 Coronavirus Triggers Long Awaited Market Pull Back Leading up to this week, the greater investing-community was wondering what if anything could compel some selling of stocks to enter the trading landscape. With just about everything a bull market could ask for – trade deals, low inflation, low bond yields, proactive […]
Markets are modestly trading today with the Dow on track to close in the red while the S&P and Nasdaq are recording slight gains. After an initial scare in China regarding a coronavirus outbreak, global concerns eased as Chinese officials restricted travel and began containing the coronavirus. Focus turns to earnings and the European Central […]
Markets traded higher today behind strong earnings and cooling fears over the Chinese coronavirus. Chinese officials reported heightened measures to counter the spread of the virus which eased global concerns and returned financial-focus to earnings season. Johnson & Johnson, Abbott Laboratories, and Fifth Third Bank reported earnings before the market open today while Texas Instruments […]
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