Daily Market Analysis Market Focus US equities reversed losses and staged a rally as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields climbed along with oil prices. Energy and industrial companies led …
Daily Market Analysis Market Focus US equity market took a hit at its opening on Tuesday ahead of Powell testimony, the S&P 500 Index declined as much as 1.8% whereas the Nasdaq 100 plunge reached 3.5%. These losses were mostly …
Daily Market Analysis Market Focus Tech stocks dropped on valuation concerns while commodities rallied, and bond yields rose with investors pricing in stronger growth and faster inflation as the global economy recovers. The Nasdaq 100 tumbled more than 2.5% to …
Daily Market Analysis Market Focus US equities slightly edged to the downside amid continuously rising US Treasury yields, hit as high as 1.36%. Soaring yields could derail the ongoing economic recovery by rising borrowing cost and depressing price. The S&P …
Daily Position Report Market Focus US stocks and bonds pared losses amid lingering concern rising borrowing costs could cap a rally that’s driven equity values to historic highs. The tech-heavy Nasdaq 100 trimmed its loss by more than half to …
Daily Position Report Market Focus US equity market dropped on a second day amid rising long term treasury yield, the US 10-year treasury yield hit as high as 1.33% prior to some pullbacks. Technology stocks lead the decline, with the …
Daily Market Analysis Market Focus US bond yields surged to the highest in a year, while American stocks climbed to records as optimism over the economic recovery continued to ripple through markets. The yield on the benchmark 10-year Treasury note …
Daily Market Analysis Market Focus Global stocks and US equity futures rallied as investors took comfort in progress on the Covid-19 vaccine rollout, while freezing temperatures in Texas and across the American South roiled energy markets. The dollar weakened, and …
Daily Market Analysis Market Focus US equities swung back and forth, the three big indices closed the last trading day with little gains. Treasury Secretary Janet Yellen emphasized the need for more supportive fiscal stimulus to help recover global economy …
Daily Market Analysis Market Focus US equities declined as technology stocks were leading the retreat, the Nasdaq Index dipped 0.52%. Twitter Inc. and Lyft Inc. turned up again the tide, Twitter Inc. surged after reporting a jump in revenue, meanwhile …
