Daily Market Analysis Market Focus Megacap companies rallied to an all-time high as traders turned to defensive shares after the latest round of economic data suggested a slowdown in the labor-market recovery. The NYSE FANG+ Index of pandemic darlings such …
Daily Market Analysis Market Focus The stock-market euphoria abated in the last trading day of August as investors assessed whether lofty valuations could withstand the unwinding of pandemic-era stimulus. S&P 500 dropped from an all-time high, Nasdaq slid 0.04%, and …
Daily Market Analysis Market Focus Stocks climbed, led by some of the world’s largest technology companies. Traders also assessed the impacts from Tropical Storm Ida, which sank insurers and energy firms, while pushing gasoline higher. The S&P 500 notched its …
Daily Market Analysis Market Focus U.S. equities gained to record highs as investors took assurance from comments by Jerome Powell that the withdrawal of stimulus would be gradual. The S&P 500 and Nasdaq 100 rose during the Federal Reserve chairman’s …
Daily Market Analysis Market Focus U.S. equities fell Thursday as markets turned cautious after explosions in Afghanistan and ahead of a Federal Reserve gathering that may provide more clues about its approach to paring stimulus. The S&P 500 and Nasdaq …
Daily Market Analysis Market Focus U.S. equities were higher on a quiet day of trading ahead of the Federal Reserve’s Jackson Hole symposium later this week. The S&P 500 and Nasdaq gained on Wednesday, with both indexes topping record highs. …
Daily Market Analysis Market Focus U.S. equities rose to record highs as strong corporate earnings and a rally in commodity prices outweighed lingering concerns about the threat of Covid-19 to the global economy. The S&P 500 and Nasdaq 100 gained …
Daily Market Analysis Market Focus U.S. equities rose Monday as the Covid-19 immunization drive was bolstered by U.S. regulators granting full approval for the vaccine made by Pfizer Inc. and BioNTech SE. The S&P 500 and Nasdaq 100 rebounded from …
Daily Market Analysis Market Focus Stocks climbed as dip buyers resurfaced at the end of a week marked by a surge in global volatility. All major groups in the S&P 500 advanced, while the NYSE FANG+ Index of giants such as Apple Inc. and Facebook Inc. halted …
Daily Market Analysis Market Focus Stock trading was volatile ahead of Friday’s options expiration. The S&P 500 closed higher after swinging between gains and losses throughout most of the session, while the Cboe Volatility Index (VIX) was on track for its biggest weekly surge since …
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