Category Archives: Today’s Analysis
Written on November 18, 2021 at 2:43 am, by anakin
Market Focus Equities retreated on concern that inflation could weigh on the global economic rebound, pushing central banks to raise interest rates sooner than expected. Traders took some risk off the table as data signaled house builders are struggling to break ground on projects amid high materials prices and ongoing labor shortages. Target Corp. sankContinue Reading
Written on November 17, 2021 at 1:35 am, by anakin
Market Focus Eqiuities climbed after the largest increase in U.S. Retail Sales since March, with reports from industry leaders Walmart Inc. and Home Depot Inc. showing strong demand even as inflation pares down purchasing power. The robust retail figures along with better-than-anticipated Industrial Production and Housing Market index helped lift the US stocks, overshadowing wordsContinue Reading
Written on November 16, 2021 at 12:48 am, by anakin
Market Focus After closing down 0.3% to 0.7% last week, the three major US stock indices opened higher this week. As optimistic Chinese economic data eased concerns about the slowdown in the world’s second largest economy, world stock markets are optimistic after recent record highs. Five minutes after the market opened, the three indexes openedContinue Reading
Written on November 15, 2021 at 2:53 am, by anakin
Market Focus US equities advanced on Friday after a mixed session in the markets, with both earnings and inflation data remaining at the investor’s focus. The S&P 500 posted gains, and both the Dow and Nasdaq also closed out Friday’s session in the green after a volatile trading week. Johnson & Johnson (JNJ) rose afterContinue Reading
Written on November 12, 2021 at 1:21 am, by anakin
Market Focus U.S. equities pared back a rebound Thursday after a selloff in the previous session due to fears that high inflation could spur more hawkish monetary policies. The Nasdaq Composite climbed 0.52% after plummeted 1.66% on Wednesday, while the Dow Jones slip 0.44%, following the 0.66% slump in the previous day. The S&P 500Continue Reading
Written on November 11, 2021 at 12:56 am, by anakin
Market Focus US stocks have continued to fall in the past trading day and have been weak since the market opened. After the US consumer price inflation report in October was much hotter than expected, inflation concerns led to massive sell-offs. The data shows that the overall CPI rose 6.2% YoY and 0.9% MoM, muchContinue Reading
Written on November 10, 2021 at 7:39 am, by anakin
Market Focus U.S. stocks halted the longest rally since 2017, sending major indices lower from all-time highs as Treasuries surged. The S&P 500 fell for the first time in nine sessions, led by a drop in financial shares that came under pressure as the 10-year yield slumped to the lowest level in seven weeks. NasdaqContinue Reading
Written on November 9, 2021 at 6:58 am, by anakin
Market Focus Major three indexes closed at a record high on Monday, as investors bought materials, energy and technology stocks because of their apparent optimism about the economic outlook. Last night, the Dow Jones Industrial Average rose 0.29% and up 104.27 points, the S&P 500 inched up by 4.17 points, or 0.1%, and the NasdaqContinue Reading
Written on November 8, 2021 at 7:50 am, by anakin
Stocks surged at the end of the week, with major indices rallying to fresh highs as investors reacted positively to the October jobs reports, which showed a better-than-expected pick-up in payroll growth and further improvement in the unemployment rate. The S&P 500 rose about 2% for the week to mark a fifth consecutive weekly gainContinue Reading
Written on November 5, 2021 at 7:05 am, by anakin
Market Focus Another day, the S&P 500 index and the Nasdaq 100 index once again set a record closing. This marked the close of six records of the two indexes in the past six trading days. The S&P 500 index rose 0.42% to close at 4680 points, while the Nasdaq 100 index rose 1.25% toContinue Reading
