Category Archives: Today’s Analysis
US Equities snapped a two-day winning streak as treasury yields rallied
Written on October 20, 2022 at 1:52 am, by anakin
U.S. equities traded lower over the course of yesterday’s trading. The Dow Jones Industrial Average slid 0.33% to close at 30423.81. The S&P 500 lost 0.67% to close at 3695.16. The tech-heavy Nasdaq Composite lost 0.85% to close at 10680.51. U.S. equities snapped a two-day winning streak as treasury yields rallied; however, the three majorContinue Reading
Better-than-expected earnings boost US stocks
Written on October 19, 2022 at 1:19 am, by anakin
U.S. equities extended their gains into the second trading day of the week. The Dow Jones Industrial Average rose 1.12% to close at 30523.8. The S&P 500 gained 1.14% to close at 3719.98. The tech-heavy Nasdaq Composite edged 0.9% higher to close at 10772.4. Equities continued to be buoyed by better-than-expected earnings releases. Netflix reportedContinue Reading
Q3 financial earnings have boosted market sentiment
Written on October 18, 2022 at 1:34 am, by anakin
U.S. equities rallied on the first trading day of the week. The Dow Jones Industrial Average gained 1.86% to close at 30185.82. The S&P 500 jumped 2.65% to close at 3677.95. The tech-heavy Nasdaq Composite soared 3.43% to close at 10675.8. Equities rallied as Q3 earnings from the financial sector have boosted investing sentiment. BankContinue Reading
US Stocks lower on Friday, US 10-year treasury yields rise above 4%
Written on October 17, 2022 at 12:54 am, by anakin
U.S. stocks edged lower on the last trading day of the week. The Dow Jones Industrial Average lost 1.34% to close at 29634.83. The S&P 500 dropped 2.37% to close at 3593.07. The tech-heavy Nasdaq Composite slumped 3.08% to close at 10321.39. Equities reversed gains from Thursday’s turbulent trading as U.S. short-term yields soared. TheContinue Reading
US CPI released higher at 8.2%
Written on October 14, 2022 at 1:07 am, by anakin
U.S. equities experienced a volatile trading session with the release of U.S. CPI data. The Dow Jones Industrial Average rose 2.83% to close at 30038.72. The S&P 500 gained 2.6% to close at 3669.91. The tech-heavy Nasdaq Composite climbed 2.23% to close at 10649.15. U.S. equities futures continued to rise after the bell as U.S.Continue Reading
Producer Price Index rose, Market awaits Inflation data
Written on October 13, 2022 at 12:01 am, by anakin
US equity fell on Wednesday, with investors bracing for Thursday’s reading on consumer prices. Producer Price Index figures of 0.4% on Wednesday showed prices paid to US producers rose in September by more than expected ahead of a key measure of consumer inflation due Thursday that’s set to return to a four-decade high. It’s alsoContinue Reading
BoE to end its support of the Gilt Market
Written on October 12, 2022 at 12:50 am, by anakin
U.S. equities edged lower throughout yesterday’s trading. The Dow Jones Industrial Average, however, was able to edge slightly higher by 0.12% to close at 29239.19. The S&P 500 lost 0.65% to close at 3588.84. The tech-heavy Nasdaq Composite retreated 1.1% to close at 10426.19. The risk-off sentiment was driven by comments from BoE governor AndrewContinue Reading
Washington to restrict China’s access to US technology
Written on October 11, 2022 at 1:29 am, by anakin
U.S. equities fell for the fourth straight day as growth fears and geopolitical risks weigh on market sentiment. The Dow Jones Industrial Average lost 0.32% to close at 29202.88. The S&P 500 shed 0.75% to close at 3612.39. The tech-heavy Nasdaq Composite dropped 1.04% to close at 100542.1. Washington’s decision to further restrict China’s accessContinue Reading
US Unemployment and Payroll data surprised the Market
Written on October 10, 2022 at 12:40 am, by anakin
U.S. equities ended the week with a sharp drop throughout last Friday’s trading. The Dow Jones Industrial Average dropped 630 points to close at 29296.79. The S&P 500 slid 2.8% to close at 3639.66. The tech-heavy Nasdaq composite lost 3.8% to close at 10652.4. U.S. equities fell as the unemployment rate and payrolls jumped aboveContinue Reading
US Jobless Claims higher, Market waits for NFP
Written on October 7, 2022 at 1:56 am, by anakin
U.S. equities traded lower throughout yesterday’s trading. The Dow Jones Industrial Average slipped 1.15% to close at 29926.94. The S&P 500 dropped 1.02% to close at 3744.52. The tech-heavy Nasdaq Composite edged 0.68% lower to close at 11073.31. Learn more about Indices with VT Markets U.S. initial jobless claims came in at 219K, above marketContinue Reading
