About: anakin
Recent Posts by anakin
Daily Market Analysis Market Focus Stocks gained on Friday to set new all-time highs, shaking off declines from a day earlier as concerns over the pace of the economic recovery flared. S&P 500 added more than 1% led by the financials, energy and materials sectors that had been some of Thursday’s biggest laggards. Dow JonesContinue Reading
Written on July 12, 2021 at 6:42 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities retreated from all-time highs as the spread of delta variants weighed down on risk appetite. The S&P 500 index suffered the most, down 0.86%. Meanwhile, the Nasdaq 100 and Dow Jones Industrial Average index dropped 0.6% and 0.75% respectively. Cyclical sectors such as industrial and material had theContinue Reading
Written on July 9, 2021 at 4:22 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks gained to end at records on Wednesday, closing out a choppy session higher after the FOMC’s June meeting minutes signaled a split on the timing for rolling back crisis-era monetary policies. The S&P 500 and Nasdaq (+0.01%, or +1.42) ticked up to reach record intraday and closing highs, ledContinue Reading
Written on July 8, 2021 at 6:28 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities declined as low 10-year Treasury yield weighed down on risk-sentiment. The S&P 500 and Dow Jones Industrial Average index fell 0.2% and 0.6% respectively. Meanwhile, the tech heavy Nasdaq index closed at another record high, climbed 0.4%. The 10-year Treasury yield dropped to lowest point since February, tradedContinue Reading
Written on July 7, 2021 at 4:09 am
Categories: Today's Analysis
Daily Market Analysis Market Focus US equities advanced forward as upbeat job report ease concerns of an early Fed tapering. The S&P 500 and the Nasdaq index both made record high, climbed 0.75% and 1.15% respectively. The S&P 500 had a seven-days winning streak, and marked the longest rally since last August. Technology and ConsumerContinue Reading
Written on July 5, 2021 at 4:52 am
Categories: Today's Analysis
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