Category Archives: Today’s Analysis
Oct 06,2020
Written on October 6, 2020 at 6:05 am, by anakin
Daily Market Analysis Market Focus U.S. stocks closed at the highest levels of the day amid optimism that President Donald Trump will leave the hospital and lawmakers will move closer to providing more stimulus. The S&P 500, Nasdaq Composite and Dow Jones Industrial Average all rebounded from Friday’s swoon in the wake of Trump’s coronavirus disclosure. Regeneron PharmaceuticalsContinue Reading
Oct 02,2020
Written on October 2, 2020 at 2:44 am, by anakin
Daily Market Analysis Market Focus U.S. stocks advanced, led by gains in the biggest technology companies, as investors weighed the chances Democratic lawmakers and the White House will reach a deal for a fiscal-stimulus package. The Nasdaq 100 reached the highest in almost a month as Amazon.com, Microsoft and Tesla rose. The S&P 500 Index’sContinue Reading
Sep 30,2020
Written on September 30, 2020 at 7:43 am, by anakin
Daily Market Analysis Market Focus The end-of-month rebound in global equities faded as investors weighed prospects for fiscal stimulus in the U.S. and the outlook for the coronavirus pandemic. Oil tumbled on concern slow growth will limit demand. WTI oil fell toward $39 a barrel in New York. The S&P 500 Index slumped, with moreContinue Reading
Sep 29,2020
Written on September 29, 2020 at 3:50 am, by anakin
Daily Market Analysis Market Focus U.S. Stocks jumped after four weeks of declines and European shares added the most in three months amid broad gains for equities. The greenback weakened on Monday. Banks led the S&P500 to its biggest gain in two weeks as investors found buying opportunities after the gauge fell to its lowestContinue Reading
Sep 28,2020
Written on September 28, 2020 at 6:58 am, by anakin
Daily Market Analysis Market Focus The September stock-market selloff that started after the overheated tech shares were no longer attracting as much investment evolved this week into a more troubling sign for the U.S. economy. Although stocks advanced Friday after lawmakers revived hopes for a fresh spending bill, the SP500 notched a fourth straight weeklyContinue Reading
Sep 25,2020
Written on September 25, 2020 at 3:36 am, by anakin
Daily Market Analysis Market Focus Stocks whipsawed as investors weighed the chances of a compromise on a new stimulus package amid concern over an uptick in global coronavirus cases. The S&P 500 pared most of its earlier rally after optimism faded that Congress would reach a spending deal with the White House. Stocks surged midday onContinue Reading
Sep 24,2020
Written on September 24, 2020 at 10:12 am, by anakin
Daily Position Report Market Focus Stock market slumped to an eight-week low amid warnings from Federal Reserve officials on the need for more stimulus to lift the world’s largest economy from a coronavirus-induced recession. The S&P500 closed near the threshold that many investors consider to be a market correction, while the Nasdaq 100 tumbled moreContinue Reading
Sep 23,2020
Written on September 23, 2020 at 5:57 am, by anakin
Daily Market Analysis Market Focus U.S. stocks market gained some traction as dip buyers emerged after the market selloff, tempering concern over remarks from Federal Reserve officials that pointed to a slow economic recovery. Most groups in the S&P500 advanced, with retailers and tech companies among the biggest gainers. The Nasdaq 100 notched a back-to-backContinue Reading
Sep 22,2020
Written on September 22, 2020 at 5:44 am, by anakin
Daily Market Analysis Market Focus On Monday, Stocks trimmed losses as a rebound in tech giants tempered concern over cloudy prospects for more economic stimulus and a report detailing suspicious transactions at global banks. Treasuries and the dollar climbed. After approaching the threshold that many investors consider to be a market correction, the S&P 500Continue Reading
Sep 15,2020
Written on September 15, 2020 at 6:28 am, by anakin
Daily Market Analysis Market Focus According to Bloomberg’s observation, the equity market continues to rise amid a flurry of deal activity and signs of progressive toward a coronavirus vaccine. Oracle Corp., in particular, rose 4.3% on reports that indicate the company is beating Microsoft Corp. in acquiring Tik Tok’s United States operations. On the otherContinue Reading