Stocks Mixed as Market Awaits Key Economic Data and Fed Testimony Stocks opened mixed on Monday after the S&P 500 and Nasdaq closed last week at record highs. Early U.S. stock futures indicated a dip, setting a cautious tone for traders as they prepare for a week filled with influential economic reports and Federal Reserve […]

Markets Reach New Highs Ahead of Key Economic Data Releases RoboStreet – July 4, 2024 On Wednesday, the S&P 500 and Nasdaq Composite closed at record levels, wrapping up the holiday-shortened session on a high note. In contrast, the Dow Jones Industrial Average ended slightly lower. All U.S. markets were closed on Thursday in observance […]

The shortened trading week for U.S. markets, coinciding with the start of Q3, began on a cautiously optimistic note as all three major indices opened in the green. Despite early gains, stocks encountered midday turbulence before ultimately closing with modest gains. The day’s trading was marked by significant movements in response to key economic indicators […]

Nasdaq Rises for Third Day on Economic Data and Fed Inflation Gauge Hopes RoboStreet – June 27, 2024 The Nasdaq Composite extended its winning streak to three consecutive days on Thursday as investors eagerly awaited the release of the Federal Reserve’s favored inflation measure, the Personal Consumption Expenditures (PCE) data, due on Friday. This optimism […]

Stocks ended the day mixed, reflecting the market’s cautious sentiment after a volatile end to last week. Friday’s trading saw the Dow Jones Industrial Average inch higher during a triple witching day, a quarterly event where stock options, stock index futures, and stock index options expire simultaneously, leading to heightened trading volumes and volatility. Positive […]

Market Update: Stocks Hit Record Highs Amid Mixed Economic Signals RoboStreet – June 20, 2024 This week, global markets have been captivated by a flurry of economic data and corporate developments, as investors navigate a landscape shaped by key indicators and pivotal corporate shifts. Record Closes and Sector Performance At the outset of the week, […]

The major stock indexes rallied on Monday, with the S&P 500 and Nasdaq continuing their string of record closes. This performance follows a pivotal week marked by the release of the latest Federal Open Market Committee (FOMC) and Consumer Price Index (CPI)/Producer Price Index (PPI) reports. Notably, markets will be closed on Wednesday, June 19th. […]

Bullish Market Sentiment Surges Amid Cooling Inflation and Promising Earnings Season RoboStreet – June 13, 2024 Following last week’s robust jobs report, the likelihood of the Federal Reserve lowering interest rates this year significantly decreased, making this week’s decision no surprise. However, there was still plenty for investors to focus on with this week’s pivotal […]

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Following last week’s robust employment and PMI data, stocks edged higher on Monday after an initial period of wavering. The strong jobs report from Friday diminished hopes that the Federal Reserve might lower interest rates this year, prompting investors to shift their focus to this week’s critical events: the Federal Open Market Committee (FOMC) meeting […]