Category Archives: Today’s Analysis
Written on March 17, 2021 at 3:50 am, by anakin
Daily Market Analysis Market Focus US stocks market was mixed on Tuesday while 10-year yield edged slightly higher. Apple Inc. and Microsoft Corp. lifted the tech-heavy Nasdaq 100 index. Meanwhile, the S&P 500 index closed marginally lower, with energy and industrials stocks leading the decline. President Joe Biden looks to impose higher taxation rate onContinue Reading
Written on March 16, 2021 at 4:18 am, by anakin
Daily Market Analysis Market Focus US eqity markets turn positive with the Dow Jones, S&P 500, and the Nasdaq are trading in the positive territories. Technology shares led US stocks higher as investors weighed the economic recovery and progress on vaccines against the risk of inflation. Both S&P 500 and the Dow Jones hit freshContinue Reading
Written on March 15, 2021 at 2:40 am, by anakin
Daily Market Analysis Market Focus US stocks market was mixed amid spiking treasury yields. Higher yield seemed to be weighing down on Tech shares, with the Nasdaq 100 index dropped 0.9% on Friday. Meanwhile, the Dow Jones Industrial Index advanced higher towards 32,700 and the S&P 500 climbed 0.1%. Financials and industrials stocks edged higherContinue Reading
Written on March 12, 2021 at 4:41 am, by anakin
Daily Market Analysis Market Focus US equity markets jumped to all- time high, fueled by a rally in technology shares as the US yield rates become more stable and the approval of a $1.9 trillion stimulus plan. The 10- year Treasury bond yield that holds steadily eases fears of inflation and rates whilst the upcomingContinue Reading
Written on March 11, 2021 at 1:55 am, by anakin
Daily Market Analysis Market Focus US stocks market advanced amid dropping Treasury yield after a 10-year note auction. The Dow Jones Industrial Average refreshed record high, closed above 32,000 for the first time. Energy stocks and Financial stocks led the gains in the S&P 500 index, while Tech shares slipped. President Joe Biden’s $1.9 trillionContinue Reading
Written on March 10, 2021 at 5:14 am, by anakin
Daily Market Analysis Market Focus US stocks jumped sharply today after US Treasury bond yields declined, causing investors to pour back into the equity markets, especially the beaten- up technology shares, which dipped badly yesterday. Nasdaq Composite climbed as much as 4%, the best day since November 2020, led by Tesla, soaring 20%. The majorityContinue Reading
Written on March 9, 2021 at 2:01 am, by anakin
Daily Market Analysis Market Focus US stocks were mixed as the Dow Jones Industrial Index made record high of 32,117 whilst the Nasdaq 100 index plunged 2.16% on Monday. It seems like investors were taking a breather from technology stocks and fled into cyclical stocks. Materials and Industrials stocks were leading the gains in theContinue Reading
Written on March 8, 2021 at 2:21 am, by anakin
Daily Position Report Market Focus In the beginning of the US trading hour, a selloff continued in some of the world’s largest tech companies brought down the whole equity markets while Treasury yields surged to near 1.6. However, big turnaround for all three major indices as dop buyers emerged, fueling an afternoon rebound in mega-Continue Reading
Written on March 5, 2021 at 7:30 am, by anakin
Daily Market Analysis Market Focus US equity market took a hit after Federal Reserve Chairman Jerome Powell refused to push back recent spike in Treasury yields. The Nasdaq 100 index extended losses from February high to almost 10%. Meanwhile S&P 500 index dipped 1.17% on Thursday, with Energy and Utility stocks led the gain, andContinue Reading
Written on March 4, 2021 at 4:20 am, by anakin
Daily Market Analysis Market Focus US markets declined as a surge in US Treasury yield, reaching as high as 1.4859% added to concern over stretched valuation amid an uneven economic rebound. The S&P 500 continued to loss for the second consecutive day as 10- year yields surged. The Nasdaq 100 was down about 2.5%. Additionally,Continue Reading
