RoboStreet – April 13, 2023 Inflation Cools Down, Stocks Rally Ahead of Earnings Stocks rallied on Thursday as new data showed that inflation is cooling down, leading investors to hope that the Federal Reserve will stop raising interest rates. Earnings season is set to kick off on Friday with JPMorgan Chase, Wells Fargo, and other […]

U.S. stocks experienced a sell-off on Wednesday, with the Dow Jones Industrial Average dropping 38 points, while the S&P 500 and Nasdaq Composite fell by 0.4% and 0.9%, respectively. These indexes had all started the day in positive territory, but the news of rising consumer prices put a dampener on investor confidence. Earnings season kicks […]

Markets are eagerly awaiting the release of the Consumer Price Index (CPI) on Wednesday, which is expected to indicate a 5.2% year-over-year increase for March, down from February’s 6% gain. The stock market was relatively steady on Monday after last week’s employment report, which showed a cooling off of the economy, with the U.S. adding […]

RoboStreet – April 6, 2023 Focus Remains on Monthly Jobs Report, CPI Data, and Fed Rate Decision Stocks moved higher on Thursday, the final trading day before the Easter weekend; however, investors’ concerns remained centered on inflation and the economy. The market’s focus is firmly on Friday’s release of the monthly jobs report, with economists […]

On Wednesday, the Nasdaq Composite dropped 1.1%, as cooler-than-expected economic data raised concerns about the overall health of the economy. The Dow Jones Industrial Average, meanwhile, gained 80 points, or 0.2%, while the S&P 500 shed 0.3%. The dip in the Nasdaq is a sign that the market remains focused on interest rates and the […]

RoboStreet – March 30, 2023 Upcoming Earnings Season and PCE Data Crucial for Market’s Future Welcome to the latest RoboStreet newsletter, where we bring you the latest updates and insights on the financial market. As we approach the end of the first quarter of 2023, the stock market continues to show signs of volatility, with […]

As the first quarter of 2023 comes to an end, the stock market continues to waver, with a slight upward trend driven by the technology sector. This comes as fears about banking turmoil have started to ease. Short-term Treasury yields are declining, indicating a general shift towards safe-haven assets. The upcoming earnings season will be […]

Wall Street showed mostly positive results on Monday as stocks traded higher, with investors focusing on the banking sector. First Citizens’ purchase of substantial parts of the failed Silicon Valley Bank brought relief to fears surrounding the industry. While the Dow and S&P booked gains, the Nasdaq finished in the red. Click Here To Subscribe […]

RoboStreet – March 23, 2023 Stock-Market Volatility Surges as Fed Announces Its Latest Move Stocks saw a volatile session on Thursday as investors digested the Federal Reserve’s interest rate hike and the recent turmoil in the banking sector. The markets took a downturn just before the House Budget and Oversight Hearing, where Treasury Secretary Janet […]

On Wednesday, the Federal Reserve announced an interest rate increase in line with expectations. All three major U.S. indices sold off following the announcement and closed with nearly identical 1.6% losses. The quarter-point hike was made to balance concerns over inflation and bank turmoil, but investors were spooked by comments from Federal Reserve Chair Jerome […]