Daily Market Analysis Market Focus US stocks halted a six-day winning streak as investors debated whether commitments by the Federal Reserve and the Biden administration to let the economy run hot will spark destabilizing inflation. The S&P 500 Index edged …
Daily Market Analysis Market Focus US equity market is refreshing highs on brightening prospects for a robust stimulus package. The S&P 500 Index once hit 3900 after Treasury Secretary Janet Yellen said the US can return to full employment in …
Daily Market Analysis Market Focus Stocks extended their weekly rally after weaker-than-forecast US jobs data bolstered the case for President Joe Biden’s $1.9 trillion coronavirus relief package. The dollar fell. The House adopted the budget resolution that cleared the Senate …
Daily Market Analysis Market Focus Stocks almost wiped out their advance as a drop in technology and retail shares dragged down the Nasdaq 100. Treasuries retreated. Oil climbed. The S&P500 closed with a small gain following its biggest two-day rally …
Daily Market Analysis Market Focus US equities gained traction on Tuesday, the three big indices each rallied nearly 2% amid corporate earnings seasons. Meanwhile, the Reddit frenzy has been cooled off, GameStop Corp. and AMC Entertainment Inc. tanked 56% and …
Daily Market Analysis Market Focus Stocks had their biggest rally in about 10 weeks as several strategies said the recent explosion of speculative buying won’t derail the bull market in equities. In a broad-based advance led by retailers and tech …
Daily Market Analysis Market Focus Global equities slumped in a broad retreat that extended across industries amid lingering concerns that retail trading was creating havoc and as traders mulled an uncertain outlook for deploying coronavirus vaccines. Treasury yields rose. The …
Daily Market Analysis Market Focus U.S. equities mounted a comeback from their worst loss since October as moves to limit retail traders’ speculation in some companies opened the door for hedge funds to load up on stocks they had been …
Daily Market Analysis Market Focus U.S. stocks extended losses in after-hours trading after disappointing earnings from tech giants and amid growing concern that equities have become overvalued. The dollar jumped the most since September and Treasury yields slipped. Facebook Inc. …
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