Category Archives: Today’s Analysis
Written on January 14, 2021 at 1:48 am, by anakin
Daily Market Analysis Market Focus Stocks rose and benchmark Treasury yields retreated for a second day amid optimism the economy will continue to benefit from government support. Technology shares led gains, with the Nasdaq 100 outperforming the benchmark S&P 500. Intel Corp. jumped 7% after the chipmaker named a new chief executive. Treasury received strongContinue Reading
Written on January 13, 2021 at 5:00 am, by anakin
Daily Market Analysis Market Focus US stocks edged higher and benchmark Treasury note yields lingered at 10-month highs as investors mulled the prospects of the economic recovery and vaccine rollout. The SP 500 closed in the green after fluctuating between gains and losses most of the trading session, with the energy, materials and consumer discretionaryContinue Reading
Written on January 12, 2021 at 4:50 am, by anakin
Daily Market Analysis Market Focus U.S. stocks fell for the first time in five sessions as investors started the week in a cautious mood with equity prices near all-time highs. The S&P 500 was led lower by the real estate and communication services sectors, while energy companies were the biggest gainers in the benchmark index.Continue Reading
Written on January 11, 2021 at 2:28 am, by anakin
Daily Market Analysis Market Focus Stocks climbed to all-time highs after President-elect Joe Biden said he’ll lay out the details of trillions of dollars in further aid to revive the world’s largest economy. The S&P500 notched its fourth straight da of gains, led by retailers and real-estate companies. The Nasdaq 100 outperformed, with Tesla Inc.Continue Reading
Written on January 8, 2021 at 3:50 am, by anakin
Daily Market Analysis Market Focus Stocks rallied a day after violence rocked the U.S. Capitol, with investors firmly focused on the prospect for more stimulus and the likelihood that calm will prevail as Joe Biden takes the presidency. All major U.S. equity benchmarks were on track for all-time highs, with nearly 70% of theContinue Reading
Written on January 7, 2021 at 2:24 am, by anakin
Daily Market Analysis Market Focus While the US stocks market retreated from session highs after protestors stormed the US Capitol, forcing a lockdown that interrupted certification of the presidential election, the equity market still managed to stabilize in the green. The SP 500 trimmed its advance to 0.6% at the close of trading in NewContinue Reading
Written on January 6, 2021 at 1:53 am, by anakin
Daily Market Analysis Market Focus Stocks rose and bonds dropped amid key elections in Georgia that will decide which party controls the U.S. Senate for the next two years, setting the scope of President-elect Joe Biden’s agenda. In a session marked by thin trading volume, the S&P 500 rebounded after suffering its worst start toContinue Reading
Written on January 5, 2021 at 3:09 am, by anakin
Daily Market Analysis Market Focus Volatility gripped financial market, spurring a stock selloff amid concern that a surge in global coronavirus cases could crimp the nascent economic recovery. Traders were also jittery ahead of Tuesday’s runoff elections in Georgia, which will determine whether Democrats have control of Congress to push President-elect Joe Biden’s agenda. WhileContinue Reading
Written on January 4, 2021 at 2:23 am, by anakin
Daily Market Analysis Market Focus Markets are relatively quiet on the last day of 2020, with global stocks indexes remaining near record highs and the dollar at the weakest level in two years. US markets fluctuate between small gains and losses as volumes are subdued, about 40% below average for the time of day. ChinaContinue Reading
Nov 03, 2020
Written on November 3, 2020 at 1:22 am, by anakin
Daily Market Analysis Market Focus US stocks rebounded from the worst week since March as investors bet on the energy, materials, and industrial sectors ahead of Tuesday’s U.S. presidential election. Crude oil rose the most in more than three weeks. Dip buyers helped the benchmark S&P500 finish the day up by 1.2%, though itContinue Reading
