About: anakin
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Daily Market Analysis Market Focus Technology shares led U.S. stocks lower as surging commodity prices stoked concern about whether inflation will derail a growth rebound in the world’s largest economy and spoil a record stock rally. The tech-heavy Nasdaq 100 Index tumbled 2.6% amid the growing anxiety over inflation, which can threaten longer-horizon revenues typicalContinue Reading
Written on May 11, 2021 at 1:32 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks climbed to a record after surprisingly weak jobs data eased fears about higher inflation and a cutback in stimulus. The dollar slumped, while Treasuries were little changed. All major groups in the S&P 500 rose, with energy, real-estate and industrial shares leading the charge. Earlier in the day, technologyContinue Reading
Written on May 10, 2021 at 1:33 am
Categories: Today's Analysis
Daily Market Risk Market Focus Stocks climbed as data showing the world’s largest economy is strengthening overshadowed inflation worries, with investors awaiting Friday’s jobs report. The dollar retreated. The S&P 500 closed near session highs, while the Dow Jones Industrial Average rose to a record. China’s shares traded in New York briefly extended losses afterContinue Reading
Written on May 7, 2021 at 1:18 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks almost wiped out their gains as technology shares turned lower, offsetting optimism over solid corporate earnings and economic reports. Treasuries climbed. The S&P 500 notched an advance of less than 0.1% while the Nasdaq 100 ended in the red. The Dow Jones Industrial Average rose to a fresh record.Continue Reading
Written on May 6, 2021 at 12:50 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Volatility gripped financial markets as a rout in some of the largest tech companies dragged down stocks. The dollar rose. Mega cap such Apple Inc., Tesla Inc. and Amazon.com Inc. sent the Nasdaq 100 slumping, while the S&P 500 pared losses amid gains in commodity, financial and industrial shares. TreasuryContinue Reading
Written on May 5, 2021 at 2:20 am
Categories: Today's Analysis
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