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  • Nasdaq jumps as stocks wrap up week ahead of key jobs report: Stock market news today
    Finance News

    Nasdaq jumps as stocks wrap up week ahead of key jobs report: Stock market news today

    April 7, 2023 /

    U.S. stocks marched upward Thursday, with tech stocks main the Nasdaq bigger than other indexes, after fresh new data pointed to a gradual softening of labor current market circumstances in advance of the hugely predicted Friday positions report. The S&P 500 (^GSPC) included .4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, although the Dow Jones Industrial Average (^DJI) hovered just previously mentioned the flatline. The engineering-large Nasdaq Composite (^IXIC) received .8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The stock and bond markets will the two shut for Great Friday on April 7. Government bonds yields were being higher. The produce on the 10-yr take note was up slightly, even though amount-sensitive two-yr take note yields climbed to 3.82{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Thursday. On the commodities front,…

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    Francis McGee Comments Off on Nasdaq jumps as stocks wrap up week ahead of key jobs report: Stock market news today

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    Stocks closed higher amid a flurry of earnings: Stock market news today

    Stocks closed higher amid a flurry of earnings: Stock market news today

    April 18, 2023
    Adidas could lose up to $750 million from a Yeezy fire sale

    Adidas could lose up to $750 million from a Yeezy fire sale

    February 12, 2023
    How Donald Trump got his Deutsche Bank loans

    How Donald Trump got his Deutsche Bank loans

    September 28, 2022
  • S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak
    Finance News

    S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak

    March 2, 2023 /

    U.S. stocks finished mostly lower Wednesday to start March as key manufacturing data offered mixed results and two Federal Reserve officials suggested a more aggressive rate-hiking campaign in the coming months. The S&P 500 (^GSPC) declined by 0.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, while the Dow Jones Industrial Average (^DJI) was flat. Contracts on the technology-heavy Nasdaq Composite (^IXIC) fell by 0.6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The yield on the benchmark 10-year U.S. Treasury note moved upward and briefly touched 4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Wednesday. Crude oil traded higher, with U.S. benchmark WTI up at $77.73 a barrel. On the economic data side, U.S. manufacturing firms signaled a grim outlook for the sector, according to the latest PMI data from S&P Global.…

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    Francis McGee Comments Off on S&P 500, Nasdaq fall, yields rise after hawkish Fedspeak

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    Stocks close mixed after CPI shows inflation picked up

    Stocks close mixed after CPI shows inflation picked up

    February 15, 2023
    Apple stock in focus as CEO Tim Cook spooks with one phrase

    Apple stock in focus as CEO Tim Cook spooks with one phrase

    February 5, 2023
    Embrace ‘the mullet trade,’ Jefferies analyst says

    Embrace ‘the mullet trade,’ Jefferies analyst says

    January 9, 2023
  • S&P 500 snaps four-day losing street, Dow, Nasdaq rise
    Finance News

    S&P 500 snaps four-day losing street, Dow, Nasdaq rise

    February 24, 2023 /

    U.S. stocks scrambled bigger Thursday to close a back again-and-forth session in the green following charge problems drove 4 consecutive times of declines for the S&P 500 (^GSPC). The benchmark U.S. equity index gained .5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, when the Dow Jones Industrial Normal (^DJI) added 110 details, or .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The know-how-significant Nasdaq Composite (^IXIC) climbed .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. A batch of economic info strike traders’ desks early Thursday. The government’s next estimate of fourth-quarter GDP was downwardly revised to 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} compared to 2.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} described final thirty day period in the preliminary reading, reflecting weaker customer investing and better inflation figures in the ultimate a few months of 2022. In the meantime, filings for unemployment…

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    Francis McGee Comments Off on S&P 500 snaps four-day losing street, Dow, Nasdaq rise

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    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    March 9, 2023
    Nasdaq jumps 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as tech leads Friday stock rally

    Nasdaq jumps 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as tech leads Friday stock rally

    January 21, 2023
    What’s in the new $53 billion retirement bill now headed to President Biden’s desk

    What’s in the new $53 billion retirement bill now headed to President Biden’s desk

    December 26, 2022
  • Nasdaq jumps 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as tech leads Friday stock rally
    Finance News

    Nasdaq jumps 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as tech leads Friday stock rally

    January 21, 2023 /

    U.S. shares rallied on Friday, closing out the 7 days on an upbeat take note, led by powerful gains in the tech sector. The S&P 500 (^GSPC) finished Friday up 1.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, even though it nonetheless closed the week down .7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The Dow Jones Industrial Common (^DJI) amplified 1.{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} on Friday. The technological innovation-large Nasdaq Composite (^IXIC) shut up 2.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, its largest one-day obtain considering the fact that the finish of November. The produce on the benchmark 10-12 months U.S. Treasury observe rose to 3.482{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from 3.397{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} Thursday. The dollar index was small changed. The moves up Friday shut out what experienced been a tough 7 days for Wall Avenue. Stocks…

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    Francis McGee Comments Off on Nasdaq jumps 2.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} as tech leads Friday stock rally

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    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    Stocks finish mixed as Powell wraps up testimony amid continued jobs strength

    March 9, 2023
    Stocks slide after economic warnings from Walmart, Home Depot

    Stocks slide after economic warnings from Walmart, Home Depot

    February 22, 2023
    Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

    Goldman CEO David Solomon sees only 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} chance of soft landing, stocks lower in 2023

    December 7, 2022
  • Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week
    Finance News

    Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

    January 10, 2023 /

    U.S. shares shut combined on Monday right after failing to sustain momentum from the to start with big rally of the year very last week. Technologies led the way increased, with the Nasdaq Composite (^IXIC) increasing .6{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, an outlier in the session, even though much underneath the climb of more than 2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} that the index noticed previously into buying and selling. The S&P 500 (^GSPC) and Dow Jones Industrial Typical (^DJI) every turned lower into the near, slipping .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} and .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, respectively, after paring the day’s gains. The U.S. greenback continued its slump, when the price tag of oil rallied to start out the week around optimism around demand from…

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    Francis McGee Comments Off on Nasdaq builds on last week’s gains; S&P 500, Dow fall to start week

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    U.S. economy adds 236,000 jobs in March, unemployment rate falls to 3.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    U.S. economy adds 236,000 jobs in March, unemployment rate falls to 3.5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}

    April 8, 2023
    A few charts to remember before you jump to conclusions

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    November 22, 2022
    ‘I don’t know who would buy them’

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