About: anakin
Recent Posts by anakin
Market Focus U.S. equity markets rallied on the last trading day of January to close out one of the worst month of trading since March of 2020. The Dow Jones industrial average rose 1.17% to close at 35131.86, the S&P 500 gained 1.89% to close at 4515.55, and the Nasdaq composite leaped 3.41% to closeContinue Reading
Written on February 1, 2022 at 1:04 am
Categories: Today's Analysis
Market Focus Wall Street indexes surged on Friday, posting its best day of 2022 so far after another twisty session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve. The S&P 500 posted a weekly victory on Friday, as an Apple-led recovery in tech sectors helped theContinue Reading
Written on January 31, 2022 at 12:08 am
Categories: Today's Analysis
Market Focus Wall Street faced another choppy day on Thursday, with all three major indexes closing lower, battered by uncertainty in recent days, with more fluctuations and heightened volatility. The S&P 500 pared intraday gains and ended lower as investors appeared to be bracing for a faster pace of interest rate hikes by the FederalContinue Reading
Written on January 28, 2022 at 5:47 am
Categories: Today's Analysis
Market Focus Three major stock indexes weakened on Wednesday after U.S. bond yields soared and tech stocks retreated after Federal Reserve Chairman Jerome Powell signaled there was enough room to raise interest rates. The Fed said in a statement that it may be appropriate to raise interest rates “soon” and confirmed plans to end itsContinue Reading
Written on January 27, 2022 at 1:22 am
Categories: Today's Analysis
Market Focus U.S. equity markets continue to be turbulent ahead of FOMC’s press conference scheduled on the 27th. The Dow Jones industrial average lost 0.19% to close at 34,297.73, the S&P 500 slid 1.22% to close at 4,356.45 and the Nasdaq composite slumped 2.28% to close at 13,539.29. All three major equity indices experienced aContinue Reading
Written on January 26, 2022 at 1:17 am
Categories: Today's Analysis
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