Category Archives: Today’s Analysis
Written on February 1, 2021 at 3:52 am, by anakin
Daily Market Analysis Market Focus Global equities slumped in a broad retreat that extended across industries amid lingering concerns that retail trading was creating havoc and as traders mulled an uncertain outlook for deploying coronavirus vaccines. Treasury yields rose. The S&P 500 Index fell almost 2%, turning negative for the year and posting its biggestContinue Reading
Written on January 29, 2021 at 8:08 am, by anakin
Daily Market Analysis Market Focus U.S. equities mounted a comeback from their worst loss since October as moves to limit retail traders’ speculation in some companies opened the door for hedge funds to load up on stocks they had been ditching. The S&P 500 Index rose 1% after trading platforms restricted activity in stocks whipsawedContinue Reading
Written on January 28, 2021 at 6:07 am, by anakin
Daily Market Analysis Market Focus U.S. stocks extended losses in after-hours trading after disappointing earnings from tech giants and amid growing concern that equities have become overvalued. The dollar jumped the most since September and Treasury yields slipped. Facebook Inc. and Tesla Inc both fell after reporting results, dragging down ETFs that track major stockContinue Reading
Written on January 27, 2021 at 3:38 am, by anakin
Daily Market Analysis Market Focus US stocks ended an up-and-down session slightly lower, weighed down by worries over virus variants and hurdles to a fresh aid package. Futures on the Nasdaq 100 Index jumped afterhours following a strong earnings report from Microsoft Corp. The S&P 500 dropped just over 0.1% on an uneventful day atContinue Reading
Written on January 25, 2021 at 5:01 am, by anakin
Daily Market Analysis Market Focus US stocks slipped from records as investors grew anxious that the virus will hamper growth for longer than expected and Democrats may struggle to get a nearly $2 trillion spending bill through Congress. The S&P500 Index fell for the first time in four days, with losses widening on reports thatContinue Reading
Written on January 22, 2021 at 2:18 am, by anakin
Daily Market Analysis Market Focus U.S. stocks eked out a gain to close at a record with tech shares lifting the major indexes on anticipation that more fiscal spending will revive economic growth and bolster corporate earnings. The dollar weakened. The S&P 500 Index rose a bit more than one point, while the Nasdaq indexesContinue Reading
Written on January 21, 2021 at 5:41 am, by anakin
Daily Market Analysis Market Focus US stocks rallied to all-time highs as investors grew optimistic that recent federal spending will revive growth and bolster corporate earnings. Treasuries were little changed while the dollar weakened. The Nasdaq 100 Index jumped more than 2% and the SP500 Index posted the best first-day reaction to a newly electedContinue Reading
Written on January 20, 2021 at 4:16 am, by anakin
Daily Position Report Market Focus U.S. stocks rose, led by gains in tech shares and small caps, with Wall Street parsing the latest earnings ahead of a flood of reports this week. The S&P 500 Index rebounded from Friday’s selloff after a three-day weekend that brought little by means of fresh macro news. Ten-year TreasuryContinue Reading
Written on January 18, 2021 at 1:38 am, by anakin
Daily Market Analysis Market Focus U.S. stocks fell by the most in more than a week after Wells Fargo & Co. dragged down the banking sector in the wake of disappointing fourth-quarter results. Crude oil declined from a 10-month high as the dollar strengthened. The energy and financial sectors led the S&P 500 into theContinue Reading
Written on January 15, 2021 at 2:13 am, by anakin
Daily Market Analysis Market Focus US stocks fell for the first time in three days and Treasury yields climbed amid expectations of President-elect Joe Biden planning another round of Covid-19 relief of as much as $2 trillion. After approaching all-time highs most of Thursday, the S&P500 turned negative late in the trading session. Technology, communicationContinue Reading
