U.S. stock markets kicked off the week on a high note, with all three major indices closing in the green on Monday. However, all eyes remain on the Federal Reserve’s decision regarding interest rates, which could heavily impact the banking sector following a turbulent week that saw bank stocks sell-off and add pressure to the […]

RoboStreet – March 16, 2023 Disconnect Between Bond, Currency, and Equity Markets Creates Uncertainty On Thursday, all three major US indices showed a positive trend as the shares of regional banks stabilized after a week of tumultuous trading following the collapse of Silicon Valley Bank. The Dow Jones Industrial Average rose by 0.4%, the S&P […]

Stocks stumbled on Wednesday, but they recovered some of their losses after a Bloomberg report indicated that Swiss authorities and Credit Suisse were discussing ways to stabilize the bank. Nevertheless, Credit Suisse’s troubles still weighed on the banking sector, pushing down the market. The bank’s share price hit an all-time low after the Saudi National […]

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After a volatile trading session on Monday, stocks closed mixed; all three indices had started the day in the green before falling to mixed results at the close. The Nasdaq was the lone standout, holding onto gains while the Dow and S&P were in the green. Investors continue to keep a close eye on the […]

RoboStreet – March 9, 2023 U.S. Stocks Slip Following Powell Speech and Latest Beige Book The stock market experienced a significant downturn on Thursday, with investors being on edge over concerns of an impending recession. All three major U.S. indices closed in the red after dropping throughout most of the day. Banks, in particular, were […]

The stock market experienced some fluctuations on Wednesday, with the Dow slipping while the S&P and Nasdaq closed in the green. This came after a second day of congressional testimony by Federal Reserve Chairman Jerome Powell, who returned to Capitol Hill to testify before the House Financial Services Committee. Click Here To Subscribe To Our […]

The stock market closed mixed on Monday, as traders eagerly awaited key economic data and comments from Federal Reserve Chairman Jerome Powell later this week. Both are expected to have significant implications for interest rates and stocks. The Dow and S&P managed to hold onto gains while the Nasdaq finished in the red. Key reports […]

RoboStreet – March 2, 2023 U.S. Stocks Rise Despite Bond Yield Uptick On Thursday, U.S. stocks rose in the face of an uptick in bond yields, which followed hawkish comments by Federal Reserve officials and economic data pointing to persistent inflation. This rise in bond yields can reduce the present value of future cash that […]

U.S. stocks began March on a mixed note as investors weighed hawkish comments from the Federal Reserve and slightly disappointing manufacturing data. The S&P 500 and Nasdaq both opened lower, with the benchmark 10-year Treasury yield topping 4% for the first time since November. Moreover, manufacturing activity contracted for the fourth consecutive month. Click Here […]