Category Archives: Today’s Analysis
Written on October 6, 2021 at 7:11 am, by anakin
Daily Market Analysis Market Focus Major indices rebounded on Tuesday following a major sell- out in the technology- centered market in the previous session. The Dow Jones rebounded 0.92%. The S&P500 climbed 1.05% while the Nasdaq rallied 1.25%, led by advances in mega- cap technology companies. However, the 10- year yield surged to 1.53%. InvestorsContinue Reading
Written on October 5, 2021 at 7:00 am, by anakin
Daily Market Analysis Market Focus The broad U.S. equity markets experienced a sell off on the first trading day of the week. The S&P 500 dropped 56.58 points to close at 4300.46, while the tech-heavy Nasdaq lost 2.1% and the Dow closed 0.9% down. Market sentiment was affected by the rising yield curve and soaringContinue Reading
Written on October 1, 2021 at 8:06 am, by anakin
Daily Market Analysis Market Focus Volatility continued to roil risk assets, with U.S. equities notching their biggest monthly slide since March 2020. Stocks pushed lower on Thursday even after confirmation that the House passed a nine-week spending bill to avert a U.S. government shutdown. For traders, that was just one within a litany of risksContinue Reading
Written on September 30, 2021 at 8:00 am, by anakin
Daily Market Analysis Market Focus There were both ups and downs for US stock on Wednesday, as the decline in technology stocks weighed on equity markets and pared most of their gains into the close. Markets focus on the ongoing debt ceiling debate in Washington, where President Joe Biden tries to break a impasse amongContinue Reading
Written on September 29, 2021 at 7:26 am, by anakin
Daily Market Analysis Market Focus US stock tumbled on Tuesday, dropping the most since May. The concern over the debt-ceiling deadlock in Washington had accelerated the selloff in risk assets. Republicans blocked a Democratic move in the senate to raise the debt limit, even though it’s only less than three weeks before the Treasury potentiallyContinue Reading
Written on September 28, 2021 at 8:18 am, by anakin
Daily Market Analysis Market Focus There were both ups and downs in US stock market on Monday, as 10-year treasury bond yields rising sharply amid investors’ expectations about monetary tightening. Investors now pull the possible timeline of rate hike forward after Fed Chair Jerome Powell announced that the Fed could start bond tapering in NovemberContinue Reading
Written on September 27, 2021 at 1:30 am, by anakin
Daily Market Analysis Market Focus US stock advanced on Friday amid turmoil in global stock market earlier in the week. Despite the hawkish tone from Fed after the meeting this week and the contagion risks from China Evergrande Group’s debt crisis, US stock finished in the positive territory for a third day. Investors believed thatContinue Reading
Written on September 24, 2021 at 8:10 am, by anakin
Daily Market Analysis Market Focus US stock advanced on Thursday amid risk-on market sentiment, as investors embraced the Federal Reserve’s bullish economic outlook. After the two-day FOMC meeting, Fed has turned more hawkish and is expected to reduce bond purchases in November at the earliest. Generally, a hawkish Fed should be bearish for equity market.Continue Reading
Written on September 23, 2021 at 7:22 am, by anakin
Daily Market Analysis Market Focus US stocks advanced on Wednesday, even though Federal Reserve officials signaled that bond tapering would probably start in November at the earliest. During a press conference, Fed Chair Jerome Powell also said that mid-2022 could be the end of tapering, which means if Fed announces tapering in November, it willContinue Reading
Written on September 22, 2021 at 7:59 am, by anakin
Daily Market Analysis Market Focus US stocks declined near the end of trading on Tuesday, edging lower for the day. Investors are now evaluating the risks from China’s strict regulations on the real-estate sector and this week’s Federal Reserve meeting. Markets await Wednesday’s update from the Fed as well as details about how the ChinaContinue Reading
