About: anakin
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Daily Market Analysis Market Focus Stocks climbed, led by some of the world’s largest technology companies. Traders also assessed the impacts from Tropical Storm Ida, which sank insurers and energy firms, while pushing gasoline higher. The S&P 500 notched its 12th all-time high in August, and the Nasdaq 100 rallied as Apple Inc.’s market valueContinue Reading
Written on August 31, 2021 at 7:51 am
Categories: Today's Analysis
Daily Market Analysis Market Focus U.S. equities gained to record highs as investors took assurance from comments by Jerome Powell that the withdrawal of stimulus would be gradual. The S&P 500 and Nasdaq 100 rose during the Federal Reserve chairman’s much-anticipated address from Jackson Hole, where he reinforced the message that it would be appropriateContinue Reading
Written on August 30, 2021 at 3:28 am
Categories: Today's Analysis
Daily Market Analysis Market Focus U.S. equities fell Thursday as markets turned cautious after explosions in Afghanistan and ahead of a Federal Reserve gathering that may provide more clues about its approach to paring stimulus. The S&P 500 and Nasdaq slid as U.S. and civilian casualties were reported from blasts outside the Kabul airport, escalatingContinue Reading
Written on August 27, 2021 at 7:50 am
Categories: Today's Analysis
Daily Market Analysis Market Focus U.S. equities were higher on a quiet day of trading ahead of the Federal Reserve’s Jackson Hole symposium later this week. The S&P 500 and Nasdaq gained on Wednesday, with both indexes topping record highs. The financial and energy sectors led the gains as Treasury yields and crude oil advanced.Continue Reading
Written on August 26, 2021 at 7:41 am
Categories: Today's Analysis
Daily Market Analysis Market Focus U.S. equities rose to record highs as strong corporate earnings and a rally in commodity prices outweighed lingering concerns about the threat of Covid-19 to the global economy. The S&P 500 and Nasdaq 100 gained as Best Buy Co. became the latest U.S. retailer to report robust consumer demand whileContinue Reading
Written on August 25, 2021 at 7:31 am
Categories: Today's Analysis
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