This week, markets traded back and forth on mixed signals from the Fed as well as unique results in the latest retail reports. On Thursday, the closing price of U.S. equities rose in the last hour of trading after they fell on Wednesday following the release of the latest Federal Open Market Committee meeting minutes. […]

Following the release of the latest Federal Open Market Committee meeting minutes, all three major U.S. indices closed in the red. U.S. stocks recovered slightly by the end of the day but still finished lower as minutes from the Federal Reserve’s July meeting showed policymakers are open to continuing interest rate hikes but will be […]

Stocks rebounded from a low open on Monday, extending the Dow’s longest unbeaten run since late May. The latest reports from U.S. and China showed soft data which missed forecasts but largely did not impact market direction. All three major U.S. indices closed in the green after posting impressive gains last week. As of Monday, […]

RoboStreet – August 11, 2022 Following CPI Data, Markets Begin to Slide after Hitting Highs After reaching a three-month high this week following yet another batch of inflation data, stocks in the U.S. ended mostly lower on Thursday which suggested that skyrocketing gains may be slowing down. At the midweek point, all three major U.S. […]

After CPI data was released and showed a modest decline in prices, alleviating pressure on the Federal Reserve, equities closed at their highest level since May. All three major U.S. indices closed in the green, with the Nasdaq returning to bull territory. In the latest CPI report, the Labor Department said the consumer price index […]

On Monday, the S&P 500 and Nasdaq Composite indexes lost ground, while the Dow Jones Industrial Average finished slightly higher, holding on to modest gains. The key news on the economic front is the July consumer-price index, which will be released this week. Market focus is on this week’s consumer-price index data for July since […]

RoboStreet – August 4, 2022 July Employment in Focus Following Strong Earnings As another week comes to a close, the market has continued to push and pull in both directions, supported by strong or promising earnings and pressured by growing signs of inflation and recession. Currently, U.S. indices are on track to finish the week […]

On Wednesday, U.S. equities soared after positive corporate earnings and solid economic data eased fears of a recession. All three major U.S. indices ended sharply higher as investors weighed earnings reports and better-than-expected economic data following a month of losses owing to international tensions sparked by Speaker Nancy Pelosi’s trip to Taiwan. The Nasdaq climbed […]

On Monday, the volatility index is trading near $24 level and all three major U.S. indices closed in the red. Following the largest monthly rise in the S&P 500 and Dow industrials since November 2020, the question now turns to whether markets have bottomed or are experiencing a bear-market bounce from June’s steep lows. Last […]

RoboStreet – July 28, 2022 Following FOMC and GDP Data, Markets Move Higher to End Week Last week, we looked ahead at the earnings-busy week which also included the latest Federal Open Market Committee meeting and several key economic reports and wondered whether these conditions indicated a definitive rally or restart of the market. As […]