From Europe to the United States, market drivers ranged from unemployment, inflation-related concerns, earnings and alarming losses to inventories of energy, particularly natural gas. On Friday, Fed’s Chair Jerome Powell officially announced that the U. S. economy is ready for reducing the asset purchases, however, he did not think that …
Read More »Market Drivers – U. S. Session 22-10-2021
The S&P 500 erased previous daily gains and dropped 0.12%, settling at 4,544.36, shortly after Fed’s Chair Jerome Powell had admitted that the central bank keeps monitoring price pressures carefully and would act as required. Indices record losses between 0.23% and 0.98%, except for the Dow Jones Industrial, up 0.18%. …
Read More »S&P 500 slides over comments by Fed’s Powell
The S&P 500 erased previous daily gains and dropped 0.12%, settling at 4,544.36, shortly after Fed’s Chair Jerome Powell had admitted that the central bank keeps monitoring price pressures carefully and would act as required.As the S&P500 cash market opened, the market mood was upbeat, with the three major U. …
Read More »Market Drivers – U. S. Session 21-10-2021
From Europe to the United States, market drivers ranged from unemployment, inflation-related concerns, earnings and alarming losses to inventories of energy, particularly natural gas. The USD managed to stop its Wednesday’s downtrend to advance anew on Thursday. Risk turned off on Thursday leading the USD to reap the most …
Read More »Wall Street Flat, IBM Earnings Impact Tech Stocks
U.S. stock indexes remained flat on Thursday as losses in IBM’s earnings impacted technology shares. The Dow Jones retreated after hitting an intraday record high in the previous session, while the S&P 500 Index was just about 15 points short of from its early September record.Eight of the 11 major …
Read More »US Stock Futures Are Down on Thursday Morning
Stock futures fell in early trading on Thursday after the blue-chip Dow Jones Industrial Average regained its highest level in the previous session amid strong corporate earnings, Dow futures fell 104 points or 0.2%, and S&P 500 futures fell By 0.2%, the Nasdaq 100 futures contract lost 0.2%. IBM shares …
Read More »Market Drivers – U. S. Session 20-10-2021
The U. S. session witnessed no significant developments in terms of economic data. Positive corporate earning posts continued to back Wall Street and benchmark indexes.Wall Street cheered solid earnings from several health care companies. Abbott Laboratories for medical devices and drugs rose 3.6% beating Q3 estimates. Health insurer Anthem rose …
Read More »Wall Street closes higher with S&P 500 tipping fresh record
The S&P 500 index, a proxy for the health of retirement and college savings accounts, has climbed by 0.4% for its sixth successive gain to close as solid earnings stir investors’ expectations and appetite.S&P 500 closed at 4,536.19. The Dow Jones Industrial Average rose by 0.4% to 35,609.34 and Nasdaq …
Read More »US Stock Index Futures Rise
U.S. stock index futures were higher in overnight trading on Wednesday, as investors are watching the rise in the US bond yield, and investors are also awaiting the release of more results from the work of some major US companies, led by Tesladue after the market closes today. During today’s …
Read More »Q3 Earnings surge, signaling significant market improvement
Earnings of major banks and companies have tended to decide both the market status and sentiment since mid-October, as dozens of companies either already reported of will report their financial statements next week and through early November.NetflixIn a solid beat, Netflix shares were on the uptrend after the bell on …
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