Category Archives: Today’s Analysis
US Stocks Tumble After Yellen’s Remarks and Powell’s Statement
Written on March 23, 2023 at 4:48 am, by anakin
On Wednesday, the US stock market experienced a significant downturn as investors were hit with a double dose of stress. Treasury Secretary Janet Yellen’s remarks on the state of the banking system rattled bank shares, while Federal Reserve Chairman Jerome Powell dashed hopes for rate cuts shortly. This sent the financial sector into a tailspinContinue Reading
Wall Street’s Fear Gauge Plummets as Markets Rally
Written on March 22, 2023 at 3:29 am, by anakin
Wall Street’s fear gauge, the VIX, saw its largest two-day plunge since May as the recent financial turmoil eased, resulting in a rebound of stocks. This surge in banks and assurances from authorities has restored a sense of order to the market for the time being. As the Federal Reserve decision approaches, traders are anticipatingContinue Reading
US Stocks Gain as Global Regulators Boost Market Confidence Amid Financial Turmoil
Written on March 21, 2023 at 4:00 am, by anakin
The recent financial turmoil has led to speculation about a slower pace of tightening from major central banks. To shore up market confidence, regulators worldwide have rushed to take action, and global central banks have united with the Federal Reserve to ease access to supplies of the US currency. Despite the banking turbulence, there hasContinue Reading
US Stock Market Falls Amid Concerns of Banking Sector Turmoil
Written on March 20, 2023 at 1:32 am, by anakin
The US stock market suffered a setback on Friday as investors grew increasingly concerned about the impact of the banking sector’s turmoil on the global economy. However, amidst this tumultuous week for global markets, technology stocks emerged as the beneficiaries of the situation. The Nasdaq 100 rallied by 5.8%, posting its best performance since November,Continue Reading
US Stocks Surge as First Republic Bank Secures Rescue Package, Boosting Regional Lenders
Written on March 17, 2023 at 3:19 am, by anakin
On Thursday, US stocks saw a surge in prices following the announcement that a rescue package had been secured for First Republic Bank. This news sparked a rebound in shares of embattled regional lenders, which had previously tumbled more than 60% as investors speculated that the bank could be the next to fail after twoContinue Reading
Financial Markets React to Banking Turmoil and Cryptocurrency Surge
Written on March 16, 2023 at 3:36 am, by anakin
Following the recent collapse of several American regional banks and the Credit Suisse Group AG crisis, investors have begun to recall memories of the 2008 financial crisis. Speculation is rife that major central banks may need to provide liquidity support to financial regulators. As a result, the S&P 500 initially plummeted by over 2%. However,Continue Reading
US Stocks Surge as Banking Turmoil Fades, Gold and Cable Under Pressure
Written on March 15, 2023 at 1:40 am, by anakin
US stocks surged in the closing hours of trading on Tuesday, with traders confident that the worst of the banking turmoil was over. The KBW Bank Index gained 3.2% but remained fragile, with rating companies offering negative remarks on the financial sector. The S&P500 regained much of the ground lost earlier in the day, withContinue Reading
Fluctuations in US Stock Market Due to Treasury Yield Drop and Tech Stocks Rebound
Written on March 14, 2023 at 3:09 am, by anakin
The US stock market experienced fluctuations on Monday, marked by oscillations between gains and losses. A sudden drop in the yield on the two-year Treasury note was one of the reasons for this. The drop was significant, its largest in decades. On the other hand, tech stocks rebounded from a previous week’s dip after SiliconContinue Reading
Silicon Valley Bank Failure Triggers Worst Week for US Stock Market
Written on March 13, 2023 at 3:01 am, by anakin
The US stock market experienced its worst week since September. Silicon Valley Bank’s financial troubles sparked concerns about further distress in the banking industry amid the Federal Reserve’s most-aggressive tightening campaign in a generation. Despite reassurances from experts that a systemic financial crisis is unlikely, investors remained anxious, leading to widespread de-risking. The S&P 500Continue Reading
US Equity Market Drops Amid Banking Sector Rout and Economic Data
Written on March 10, 2023 at 2:01 am, by anakin
On Thursday, the US equity market took a turn for the worse as concerns grew over trouble in the banking sector and investors braced for Friday’s payrolls report. Weekly jobless claims, released on Thursday, surpassed expectations and marked the first time claims had risen above 200K since early January. Stronger-than-expected figures in Friday’s monthly jobsContinue Reading
