News: Markets opened the first full week of June to a wall of sellers. Markets declined on Monday, giving up some of Friday’s gains … but not too much. The indexes all ended the day red. Bitcoin’s price tumbled after the SEC announced a slew of charges against Binance, the world’s latest cryptocurrency exchange, and …
News: Friday belonged to the bulls. The markets cheered another blow-out jobs report. US employers added 339,000 new jobs to the economy in May, far above the pre-pandemic average marked in blue… The indexes all posted solid gains during Friday’s session… Weekend headlines offered renewed hopes that the predicted recession may be avoided. Sector Round …
News: Markets opened the new month flat. Once the opening bell rang, it was all buyers all day. The indexes all ended Thursday’s session in the green. Headlines credited the debt ceiling vote. Overnight, the gains continued in international markets. At writing, the Hong Kong-based index, Hang Seng, is up more than 4%. Sector Round …
News: Markets ended May on a red note. The indexes all ended Wednesday’s session lower. Headlines blamed the debt ceiling. Overnight, the House passed a bill that will suspend the debt ceiling crisis for another two years. The fabricated brinkmanship is over … for now. At writing, futures are marginally higher. Had the market indeed …
News: Markets opened the week mixed on Tuesday. The indexes opened green and trended lower throughout the day. The close was mixed and unremarkable. The day tilted in favor of the bears. 55% of all listed stocks declined, while 42% rose. Sector Round Up 4 of the 11 sectors ended Tuesday’s session in the green. …
News: On Friday, markets headed into the long weekend on a positive note. The indexes all rose despite uncertainty surrounding the debt ceiling… On Friday, Treasury Secretary Janet Yellen pushed the default day back from June 1 until June 5. Then President Biden and Speaker McCarthy announced a deal over the weekend. The bill could …
News: Wall Street was focused exclusively on Nvidia (NVDA) stock on Thursday. After reporting quarterly earnings, the stock added 24% and more than $183 billion in market cap. The indexes with exposure to the stock rose. Those without fell… Sector Round Up 3 of 11 sectors end Thursday higher. The winners… At the bottom… Recalling …
News: Markets opened red and moved sideways throughout much of Wednesday’s trading session. At 2 PM, the latest FOMC minutes dropped, and the market barely reacted… The minutes showed what we’ve already heard from Fed officials—The Fed’s next move is not clear. In the final hour of trading, markets tried to rally. The S&P 500 …
News: Stocks declined on Tuesday ahead of today’s major market news. All major indexes ended the day lower… Headlines continue to point to the debt ceiling “crisis.” But we know better… At 2 PM, the minutes from the last FOMC meeting will be released. Expect volatility, and don’t trust the first move. After release, you …
News: Stocks opened the week on a positive note Monday. 60% of stocks advanced, while 37% declined. The major indexes were mostly higher… Fooled! Shortly after the opening bell on Monday, a faked image showing an explosion near the Pentagon spread across social media. Markets dipped and reached their session lows in the aftermath… The …
