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About: luna
Recent Posts by luna
Market Focus The broad U.S. equity markets continued to fall on Wednesday’s trading. The Dow Jones industrial average lost 0.96% to close at 35,028.65, the S&P 500 lost 0.97% to close at 4532.76, and the Nasdaq composite lost 1.15% to close at 14,340.25. The benchmark U.S. 10 year treasury yield continues to edge higher andContinue Reading
Written on January 20, 2022 at 4:13 am
Categories: Today's Analysis
Market Focus Wall Street’s main indexes fell sharply on Tuesday as soaring U.S. Treasury yields hit tech stocks in the U.S. and Europe, while losses at Goldman Sachs led to losses in U.S. financial stocks. U.S. 10-year yields now rose to a two-year high of 1.875%, while two-year yields also rose above 1%, as tradersContinue Reading
Written on January 19, 2022 at 12:51 am
Categories: Today's Analysis
Market Focus U.S. markets were closed on the 17th in observance of Dr. Martin Luther King day and markets will resume trading on the 18th. The benchmark U.S. 10 year treasury yield edged higher to 1.811% and the 30 year treasury yield also edged higher to 2.14%. China released its fourth quarter GDP for 2021Continue Reading
Written on January 18, 2022 at 12:43 am
Categories: Today's Analysis
Market Focus The broad U.S. equity market close the week mixed. The Dow Jones Industrial Average retreated 0.56% to close at 35911.81, the S&P 500 gained 0.8% to close at 4662.85, and the Nasdaq composite gained 0.59% to close at 14893.75. This week marks the beginning of earnings season, as companies release Q4 results fromContinue Reading
Written on January 16, 2022 at 11:37 pm
Categories: Today's Analysis
Market Focus In two economic data releases on Thursday, the PPI rose 0.2%, well below expectations and down from a 1.0% gain in November. In the labor market, weekly jobless claims unexpectedly rose by 23,000, with economists citing the effect of the Omicron variable. The three major indexes ended lower on Thursday, with the NasdaqContinue Reading
Written on January 14, 2022 at 2:12 am
Categories: Today's Analysis
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