RoboStreet – June 15, 2023 Stocks Surge as Fed Holds Rates, ECB Takes a Different Path In a positive response to the Federal Reserve’s decision to maintain interest rates, the stock market experienced gains on Thursday. The Dow reached 2023 high, and all three major US indices saw positive movements. However, investors remain cautious as […]

The major U.S. stock indices experienced gains today, with the tech sector leading the way. Investors are closely watching the Federal Reserve’s two-day monetary policy meeting scheduled for Tuesday and Wednesday. While expectations lean towards a pause in interest rate hikes, the release of inflation data on Tuesday could potentially alter the central bank’s decision. […]

RoboStreet – June 8, 2023 Stock Market Rallies as Tech and Consumer Staples Lead the Way; Central Bank Policy Remains in Focus After a brief setback on Wednesday, the stock market made a strong comeback on Thursday, propelling the S&P 500 into bull market territory. The upward momentum was primarily driven by two sectors: technology […]

In a reversal of earlier gains, stocks closed in negative territory on Monday, primarily driven by a pullback in the technology sector. The S&P 500, which had been on the cusp of reaching a significant milestone, experienced a 0.2% decline, while the Nasdaq Composite fell 0.1%. The Dow Jones Industrial Average also recorded a 0.6% […]

RoboStreet – June 1, 2023 U.S. Stocks Rally as Debt Ceiling Deal Boosts Market Confidence U.S. stocks rebounded on Thursday, recovering from a slump earlier in the week, as the House of Representatives passed a deal on the US debt ceiling. The positive sentiment in the market allowed investors to shift their focus to the […]

RoboStreet – May 25, 2023 U.S. Indices Rise as Debt Ceiling Negotiations Show Progress; Tech Stocks Surge on Nvidia’s Strong Earnings U.S. stock indices experienced a positive turn on Thursday as President Joe Biden and House Speaker Kevin McCarthy neared a deal on the debt ceiling. The Dow Jones Industrial Average, initially in the red, […]

In early trading on Monday, U.S. stocks showcased a mixed performance as investors held their breath for updates on a potential deal to raise the U.S. debt ceiling. While both the S&P and Nasdaq appeared poised to finish the day with gains, the Dow Jones lagged behind in negative territory. Additionally, U.S. stock futures marginally […]

Inflation is an economic phenomenon characterized by a rise in the overall price level of goods and services over time, resulting in a decrease in the purchasing power of currency and increased living costs. The stock market is significantly impacted by inflation, necessitating investors’ ability to navigate through it for optimal investment outcomes. In this […]

RoboStreet – May 18, 2023 Stock Market Rebounds on Tech Stocks, Debt-Ceiling Talks, and Earnings Drive Investor Sentiment In a strong recovery from previous losses, the stock market opened the week on a positive note, driven by the impressive performance of technology stocks. Additionally, investors are closely monitoring the ongoing debt-ceiling talks and eagerly awaiting […]

In a strong rebound from previous losses, the stock market closed higher on Monday, propelled by technology stocks. Investor focus now shifts to the second round of high-level debt-ceiling negotiations, set to take place at the White House on Tuesday. Simultaneously, the final round of key earnings releases is underway, offering valuable insights into the […]