The impact of the recent Federal Reserve Jackson Hole symposium still lingers as investors prepare for a week filled with important financial events. The focus is on the U.S. labor market, earnings reports from big retailers, and the reveal of the latest inflation data, making this upcoming week a potential game-changer. Following the global central […]
Market Volatility Persists Amid Earnings Surprises and Economic Uncertainty RoboStreet – August 24, 2023 The financial landscape this week resembled a turbulent ride, with stocks initially soaring before plummeting in a swift and unexpected selloff. The excitement was palpable, especially in the technology sector, driven by Nvidia’s stellar earnings report. However, the enthusiasm was short-lived […]
As a new week unfolds, investors brace themselves for a flurry of earnings reports from major retailers, eager to gauge the pulse of consumer spending and the broader economic landscape. A host of prominent names including Macy’s, Kohl’s, Nordstrom, Dick’s Sporting Goods, Foot Locker, BJ’s Wholesale Club, Dollar Tree, and Lowe’s are poised to unveil […]
Market Volatility Surges as Stocks Face Pressure from Bond Yields RoboStreet – August 17, 2023 A turbulent day in the stock market left investors grappling with uncertainty as stocks took a tumble and ended in the red on Thursday. The primary culprit behind this downward spiral was the relentless climb of bond yields, casting a […]
Mixed Trading as Markets Digest Last Week’s Rally and Await Key Data Date: August 14, 2023 Stocks exhibited a varied performance on Monday, retracing some of the gains witnessed during last week’s surge, prompted by indications of abating inflation in the U.S. labor report. This week’s trading kicked off with a blend of upward and […]
Market Rollercoaster Ends with Modest Upside: Inflation Data Holds the Key RoboStreet – August 10, 2023 On Thursday, stock markets witnessed a seesaw of market emotions as the day concluded on a cautiously optimistic note. Breaking a two-day losing streak, the three major indices managed to muster a modest gain in the final hours of […]
U.S. Stocks Commence the Week with Rejuvenated Momentum Amid Inflation Focus Monday, August 7, 2023 The week began on a positive note for U.S. stocks, as Wall Street recovered from last week’s losses and shifted its attention towards the upcoming U.S. inflation data, which is expected to influence the Federal Reserve’s decisions regarding interest rates. […]
RoboStreet – August 3, 2023 U.S. Stocks Face Volatility Amid Job Market Focus, Earnings Rollercoaster, and Surging Oil Prices The U.S. stock market had a turbulent week, with choppy trading and mixed economic indicators creating uncertainty among investors. The downgrade of the U.S. government’s credit rating by Fitch and concerns about fiscal policy in Washington […]
U.S. Indices Open Strong as Second-Quarter Earnings Season Takes Center Stage The start of the trading week saw all three major U.S. indices closing in positive territory on Monday. The market opened with a slight uptick as investors eagerly awaited further updates scheduled throughout the week. With a third of S&P companies lined up to […]
RoboStreet – July 27, 2023 Surprising GDP Growth and Fed’s Cautious Optimism: A Rollercoaster Ride for Stocks In an eventful day of trading on Thursday, the U.S. stock market took investors on a rollercoaster ride, as stocks dipped following the release of unexpected economic data. The much-awaited Gross Domestic Product (GDP) figures for the second […]
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