Category Archives: Today’s Analysis
Written on February 22, 2022 at 1:36 am, by anakin
Market Focus Stocks declined Tuesday on intensifying tension between the West and Russia over Ukraine, a standoff that leads investors to seek the relative safety of bonds and gold. Equities in Japan, Australia and South Korea fell, while U.S. futures pointed to a lower open when Wall Street trading resumes later following a holiday Monday.Continue Reading
Written on February 21, 2022 at 1:37 am, by anakin
Market Focus Stocks extended declines Friday to close a second straight week in negative territory with geopolitical tensions intensifying to contribute to a further risk-off tone in markets. Dow Jones closed down 0.68% to 34,079.12 after erasing 1.8% Thursday for its worst day in nearly three months, and it also closed at its lowest levelContinue Reading
Written on February 18, 2022 at 12:50 am, by anakin
Market Focus Wall street three major indexes tumbled on Thursday, with the S&P 500 posting its biggest daily percentage drop in two weeks as investors turned to defensive sectors and safe havens such as bonds and gold amid heightened geopolitical tensions between Washington and Russia over Ukraine. Over time, the situation escalated, causing diplomatic talksContinue Reading
Written on February 17, 2022 at 1:13 am, by anakin
Market Focus US equities pared most of the earlier losses Wednesday afternoon after the Federal Reserve’s latest meeting minutes provided more clarity on the central bank’s thinking about addressing inflationary pressures. The S&P 500 turned slightly positive and recovered losses after dropping as much as 0.9% earlier. Dow Jones recbounded near 300 points from intradayContinue Reading
Written on February 16, 2022 at 12:41 am, by anakin
Market Focus Stocks advanced, while bonds fell with the dollar as speculation that geopolitical tensions could be easing overshadowed data showing inflation is still running hot. The equity market halted a three-day drop as Russian President Vladimir Putin announced a partial pullback of thousands of troops massed near the Ukrainian border. Tech shares led gainsContinue Reading
Written on February 15, 2022 at 12:41 am, by anakin
Market Focus All three major indexes fell sharply after Secretary of State Anthony Blinken announced that he would relocate U.S. diplomatic operations to western Ukraine, a possible sign of an imminent Russian invasion. Ukrainian President Volodymyr Zelensky said Wednesday would be the day of the attack, adding to the uncertainty. However, Ukrainian officials later saidContinue Reading
Written on February 14, 2022 at 3:41 am, by anakin
Market Focus U.S. equity futures wavered early Monday and stocks appeared set for a cautious open as investors assessed geopolitical worries about Ukraine that sparked risk aversion at the end of last week. Dow Jones dropped 1.43% to 34738.06 during Friday’s trades, while tech-heavy Nasdaq slumped worse, closed 2.78% lower than its Friday’s open. TensionsContinue Reading
Written on February 11, 2022 at 1:13 am, by anakin
Market Focus Wall Street’s three major indexes ended sharply lower on Thursday after better-than-expected U.S. consumer price data and subsequent comments from Federal Reserve officials stoked fears that the central bank will raise interest rates sharply to fight inflation, pushing the 10-year U.S. Treasury yield higher , making the yield topped 2%, and tech stocksContinue Reading
Written on February 10, 2022 at 12:44 am, by anakin
Market Focus Wall Street’s three major indexes rallied higher on Wednesday, as gains in the technology, basic materials and telecom sectors led stocks higher. In addition, the yield on the 10-year U.S. Treasury yield retreated from multi-year highs hit in the previous session, helping to stabilize global market sentiment and boosting demand for growth stocks.Continue Reading
Written on February 9, 2022 at 12:39 am, by anakin
Market Focus Wall Street’s three major stock indexes closed higher on Tuesday, with the S&P 500 and the tech-heavy Nasdaq recovering early losses and rising late in the session, with Amazon up 2.2% and Apple and Microsoft both up more than 1%. Also, as the 10-year U.S. Treasury yield hit its highest level since NovemberContinue Reading
