Category Archives: Today’s Analysis
Written on February 8, 2022 at 12:54 am, by anakin
Market Focus Stock turned lower to close a choppy session at the start of another busy week for corporate earnings and fresh economic data, as investors continue to assess the Federal Reserve’s path forward for monetary policy. S&P 500 declined after posting its best weekly rise of the year last week, close 0.37% lower atContinue Reading
Written on February 7, 2022 at 12:50 am, by anakin
Market Focus Stocks shifted earlier losses to mostly rise Friday afternoon even as investors viewed a much stronger-than-expected jobs report as strengthing the case for the Federal Reserve to continue down its more hawkish monetary policy route. The S&P 500 went higher during intraday trading, closing up 0.52% at 4,500.61, while the Dow Jones lostContinue Reading
Written on February 4, 2022 at 1:30 am, by anakin
Market Focus US equities fell hard on Thursday as the markets renewed their previous optimism, driven by a slew of strong earnings, took a turn down after Facebook Meta Platforms’ disappointing earning report on Wednesday. The Dow Jones Industrail Average dropped 1.4% while the S&P 500 slided 2.4%, the first day in nearly a year.Continue Reading
Written on February 3, 2022 at 12:29 am, by anakin
Market Focus US equities rose for four consecutive days despite that private payroll fell by 301,000 for January as Omicron slammed labor market. The Dow Jones Industrial Average climbed 0.6% while the S&P 500 rose 0.9%. In meantime, the Nasdaq climbed 0.5%, led by Alphabet after its strong earning report. Notably, even though the NasdaqContinue Reading
Written on February 1, 2022 at 11:51 pm, by anakin
Market Focus The broad U.S. equity market rallied for the third consecutive trading session. The Dow Jones industrial average rose 0.78% to close at 35,405.24, the S&P 500 climbed 0.69% to close at 4,546.52, and the Nasdaq composite gained 0.75% to close at 14,346. The benchmark U.S. 10 year treasury yield climbed above 1.8% andContinue Reading
Written on February 1, 2022 at 1:04 am, by anakin
Market Focus U.S. equity markets rallied on the last trading day of January to close out one of the worst month of trading since March of 2020. The Dow Jones industrial average rose 1.17% to close at 35131.86, the S&P 500 gained 1.89% to close at 4515.55, and the Nasdaq composite leaped 3.41% to closeContinue Reading
Written on January 31, 2022 at 12:08 am, by anakin
Market Focus Wall Street indexes surged on Friday, posting its best day of 2022 so far after another twisty session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve. The S&P 500 posted a weekly victory on Friday, as an Apple-led recovery in tech sectors helped theContinue Reading
Written on January 28, 2022 at 5:47 am, by anakin
Market Focus Wall Street faced another choppy day on Thursday, with all three major indexes closing lower, battered by uncertainty in recent days, with more fluctuations and heightened volatility. The S&P 500 pared intraday gains and ended lower as investors appeared to be bracing for a faster pace of interest rate hikes by the FederalContinue Reading
Written on January 27, 2022 at 1:22 am, by anakin
Market Focus Three major stock indexes weakened on Wednesday after U.S. bond yields soared and tech stocks retreated after Federal Reserve Chairman Jerome Powell signaled there was enough room to raise interest rates. The Fed said in a statement that it may be appropriate to raise interest rates “soon” and confirmed plans to end itsContinue Reading
Written on January 26, 2022 at 1:17 am, by anakin
Market Focus U.S. equity markets continue to be turbulent ahead of FOMC’s press conference scheduled on the 27th. The Dow Jones industrial average lost 0.19% to close at 34,297.73, the S&P 500 slid 1.22% to close at 4,356.45 and the Nasdaq composite slumped 2.28% to close at 13,539.29. All three major equity indices experienced aContinue Reading
