Category Archives: Today’s Analysis
Written on April 28, 2022 at 1:26 am, by anakin
U.S. stocks climbed Wednesday afternoon, recovering some of their losses after major stock indexes fell, as worries about inflation and global growth added to further volatility in risky assets. The S&P 500, Dow Jones, and Nasdaq rose about 1 % during the session. On Tuesday, the S&P 500 fell 2.8 percent, the biggest drop inContinue Reading
Written on April 27, 2022 at 1:11 am, by anakin
Wall Street benchmark indices plunged on Tuesday, speeding up April’s sell-off on US equities as market participants weighed a flurry of corporate reports against inflationary pressures and worries over recession risks. S&P 500 closed the day by 2.8% lower, while Dow Jones slid around 800 points, resuming its losing streak after slightly rebounded on Monday.Continue Reading
Written on April 26, 2022 at 2:05 am, by anakin
U.S. equities advanced on Monday, reversing earlier losses in the day amid worries about an escalating COVID outbreak in China added to jitters over U.S. economic growth, not to mention the surging inflation and Fed policy tightening. S&P 500 went up 0.6% to reach 4,296.12. Dow Jones climbed more than 200 points, or 0.7%, toContinue Reading
Written on April 25, 2022 at 1:24 am, by anakin
U.S. stocks plummeted Friday afternoon to close out another week in the red as investors weighed a bevy of corporate earnings and braced for more aggressive monetary tightening by the Federal Reserve in coming months. S&P 500 plunged 2.8%, marking its second-worst day of the year, while Dow Jones wiped out 980 points in itsContinue Reading
Written on April 22, 2022 at 1:21 am, by anakin
U.S. stocks fell Thursday as investors continued to monitor a steady stream of corporate earnings results against a backdrop of elevated inflation and further Fed policy tightening. S&P 500 dropped and erased earlier gains. Dow Jones also turned lower. Nasdaq fell more than 2% and extended Wednesday’s losses when the tech-heavy index was weighed downContinue Reading
Written on April 21, 2022 at 1:53 am, by anakin
U.S. equities closed mixed Wednesday as investors took in a host of quarterly earnings results and looked ahead to more data. The Dow gained to extend advances from the previous session. The S&P 500, and the tech-heavy Nasdaq Composite underperformed as Netflix (NFLX) shares slumped after the company posted an unexpected decline in quarterly subscriberContinue Reading
Written on April 20, 2022 at 12:57 am, by anakin
US equities climbed Tuesday, recouping some of the week’s losses as investors sifted through a barrage of quarterly reports for signs of how corporate America fared against the backdrop of Eastern Europe’s war and mounting inflationary pressures. The S&P 500 increased by 1.6 percent to its highest level in a month, while the Dow JonesContinue Reading
Written on April 19, 2022 at 12:28 am, by anakin
On Monday, US stocks extended their losses from the previous week as investors returned from a holiday weekend and prepared for another hectic week of corporate earnings reporting. Several large firms, including United Airlines (UAL), American Express (AXP), Netflix (NFLX), and Tesla (TSLA), released their most recent quarterly earnings reports. After oscillating between gains andContinue Reading
Written on April 18, 2022 at 2:04 am, by anakin
US equities stopped trading due to the holidays, while Asian stocks look set for a muted open Monday before Chinese economic data that may shed light on the impact of Covid lockdowns. Japan’s equity futures fell, while other markets, including Australia, Hong Kong, and a large portion of Europe, remained closed for Easter. Contracts forContinue Reading
Written on April 15, 2022 at 2:19 am, by anakin
U.S. stocks fell Thursday to cap another losing week on Wall Street as investors digested a series of bank earnings and reeled from more red-hot CPI numbers. The S&P 500 and tech-heavy Nasdaq Composite each settled at four-week lows, recording declines of 1.2% and 2.2%, respectively. The Dow Jones Industrial Average fell 0.3 percent followingContinue Reading
