About: anakin
Recent Posts by anakin
Market Focus The US indices edged higher on Wednesday, and technology stocks rebounded due to the slowdown in the rise in bond yields. The recent increase in yields is due to the decision of President Joe Biden, who re-nominated Jerome Powell as chairman of the Federal Reserve on Monday. After the 10-year US Treasury bondContinue Reading
Written on November 25, 2021 at 12:34 am
Categories: Today's Analysis
Market Focus U.S. shares rose on the back of gains in cyclicals, while the technology sector extended losses as rising Treasury yields damped the outlook for growth stocks. The S&P 500 ended the day higher, after swinging between gains and losses in the last hour of trading. The tech-heavy Nasdaq 100 slid, building on Monday’sContinue Reading
Written on November 24, 2021 at 5:55 am
Categories: Today's Analysis
Market Focus As investors cheered on the appointment of Federal Reserve Chairman Jerome Powell for the second term, U.S. stocks rose to a record high, and the S&P 500 index surged to a high of the day immediately after the opening of the U.S. market. However, the S&P 500 Index closed lower on Monday asContinue Reading
Written on November 23, 2021 at 1:18 am
Categories: Today's Analysis
Market Focus Stocks looked set to fall Monday weighed by growing concerns over nationwide COVID-19 lockdowns in Europe that raised fears about new restrictions beyond the continent, and the risk of a faster withdrawal of Federal Reserve stimulus. The Treasury yield curve was near the flattest since the pandemic’s onset. Stocks ended mixed on Friday,Continue Reading
Written on November 22, 2021 at 12:39 am
Categories: Today's Analysis
Market Focus Technology stocks drove the equity market to a record in a volatile session ahead of Friday’s options expiration. S&P 500 notched its 66th all-time high of 2021, with the benchmark gauge poised for the second-biggest number of annual records ever — only behind 1995. Tech-heavy Nasdaq 100 outperformed as giant chipmaker Nvidia Corp.Continue Reading
Written on November 19, 2021 at 1:26 am
Categories: Today's Analysis
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