Category Archives: Today’s Analysis
Written on May 4, 2021 at 1:14 am, by anakin
Daily Market Analysis Market Focus Asian stocks look set to open modestly higher Tuesday after a muted session on Wall Street, where technology giants weighed on the market. The dollar dropped with Treasury yields. Futures pointed higher in Australia and Hong Kong. Trading will be limited with Japan and China among markets closed for holidays.Continue Reading
Written on May 3, 2021 at 12:54 am, by anakin
Daily Market Analysis Market Focus Stocks dropped from a record as traders assessed corporate earnings, economic data showing potential inflation pressures and hawkish remarks from a Federal Reserve official. The dollar climbed. The S&P 500 trimmed its biggest monthly advance since November, with energy and technology shares leading declines on Friday. Twitter Inc. tumbled asContinue Reading
Written on April 30, 2021 at 1:10 am, by anakin
Daily Market Analysis Market Focus U.S. stocks rose to a record as investors digested the latest batch of corporate earnings and data that showed the American economy gained steam in the first three months of the year. Amazon.com climbed after hours on a better-than-estimated revenue forecast, while Twitter sank amid a lackluster outlook. In regularContinue Reading
Written on April 29, 2021 at 1:12 am, by anakin
Daily Market Analysis Market Focus An exhange-traded fund tracking the Nasdaq 100 Index jumped in late trading after Apple Inc. crushed revenue estimates and Facebook Inc. reported gains in sales and users. Stocks ended the cash session lower after a back-and-forth day. The S&P 500 reached a session high after Jerome Powell said the centralContinue Reading
Written on April 28, 2021 at 2:42 am, by anakin
Daily Market Analysis Market Focus U.S. technology stocks fell as investors turned their attention to a batch of earnings from industry heavyweights that have helped drive the market to all-time highs. The Nasdaq 100 dropped for the first time in three sessions, weighed down by declines in tech heavyweights including Tesla Inc. and Alphabet Inc.Continue Reading
Written on April 27, 2021 at 1:30 am, by anakin
Daily Market Analysis Market Focus U.S. equities climbed to a record high amid solid corporate earnings and confidence that the Federal Reserve will remain accommodative even as robust growth takes the world’s largest economy back to pre-pandemic levels. The S&P 500 rose after notching its first weekly decline since mid-March. Most of the main 11Continue Reading
Written on April 23, 2021 at 2:56 am, by anakin
Daily Market Analysis Market Focus U.S. stocks had their biggest slide in five weeks after President Joe Biden was said to propose almost doubling the capital-gain tax for the wealthy. The dollar advanced. The S&P 500 turned lower after Bloomberg News reported that for those earning $1 million or more, the new top rate, coupledContinue Reading
Written on April 22, 2021 at 1:14 am, by anakin
Daily Market Analysis Market Focus Asia stocks are poised to bounce after U.S. equities snapped a two-day drop on a rally in companies that stand to benefit the most from an economic revival. The dollar fell, while Treasuries stabilized. Futures pointed higher in Japan, Australia and Hong Kong. Most major groups in the S&P 500Continue Reading
Written on April 21, 2021 at 1:16 am, by anakin
Daily Market Analysis Market Focus U.S. stocks fell for a second day as rising virus cases around the world led to renewed concern over the continued economic impact, overshadowing a batch of solid corporate results. The S&P 500 extended its slide from an all-time high, with investors showing caution ahead of the brunt of theContinue Reading
Written on April 20, 2021 at 1:14 am, by anakin
Daily Market Analysis Market Focus US stocks market declined from an all- term high as investors waited for the warning season later in the week. Technology shares declined, led by Tesla Inc; Tesla contributed the most to the decline as one of its cars that happened to crash and kill two passengers. At the endContinue Reading
