About: anakin
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Daily Market Analysis Market Focus US equity markets were roughly positive as stocks rose toward another record as traders shifted attention away from inflation and focused on prospects for an economic rebound, resulting in a decline in US Treasury yields and a decline in the US dollar index. Equity market kept up its momentum andContinue Reading
Written on April 12, 2021 at 1:12 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks climbed as Federal Reserve Chairman Jerome Powell said the central bank has the tools to curb any inflation pressures, which are expected to be temporary as the economy reopens. The S&P 500 notched a fresh record amid slow trading. Volume on U.S. exchanges remained under 10 billion shares, hittingContinue Reading
Written on April 9, 2021 at 1:13 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks markets were a little green after the Fed Reserve refrained from signaling any changes to its bond- buying program, causing the dollar index advance. All told, the Dow Jones Industrial Averages climbed about 0.05%; the S&P 500 rose 0.15% while the Nasdaq crawled 0.28%. The credit markets are ponderingContinue Reading
Written on April 8, 2021 at 1:03 am
Categories: Today's Analysis
Daily Market Analysis Market Focus Stocks dropped in the slowest trading day of 2021 after a rally that drove the equity market to all-time highs. Treasuries climbed. Volume on U.S. exchanges slipped below 10 billion shares for the first time this year. Tech companies led losses in the S&P 500 on Tuesday, offsetting gains inContinue Reading
Written on April 7, 2021 at 1:44 am
Categories: Today's Analysis
Daily Position Report Market Focus US stocks climbed toward another record high after the economic recovery is being evidenced, thus gaining momentum. The Dow Jones Industrial Average extended 370 points to an all-record high; the S&P 500 climbed 1.4% while the Nasdaq rose 1.6% today. Investors pushed up the value of stocks after economic dateContinue Reading
Written on April 6, 2021 at 2:04 am
Categories: Today's Analysis
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