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Daily Market Report | 01/21/2022


Daily Market Report | January 21, 2022 US FINANCIAL MARKET Stocks Waver as Investors Cut Risk – Wall Street Journal, 1/21/2022 Stocks wavered Friday as investors grappled with the prospect of higher interest rates and disappointing results from popular consumer tech stocks. The S&P 500 and the Dow Jones Industrial Average pared some earlier losses. The S&P 500 fell 0.1%, while the Dow rose 0.2%. The Nasdaq Composite declined 0.4%. Investors’ increasing conviction that the Federal Reserve will have to raise interest rates several times this year to combat inflation has pressured stocks. Last [...]

Daily Market Report | 01/21/20222022-01-21T11:06:38-08:00

Daily Market Report | 01/20/2022


Daily Market Report | January 20, 2022 US FINANCIAL MARKET Stocks Rise After Nasdaq Enters Correction – Wall Street Journal, 1/20/2022 U.S. stocks rose early Thursday, paring some of the sharp losses that have come as investors reposition their portfolios, spooked by the prospect of tightening monetary policy and slowing growth. The Nasdaq Composite Index rose 1.6%, a day after a late tech selloff dragged down indexes. The S&P 500 climbed 1.1% and the blue-chip Dow Jones Industrial Average added 1%. The morning’s buying shows investors are trying to gauge how far this selloff [...]

Daily Market Report | 01/20/20222022-01-20T12:39:54-08:00

Daily Market Report | 01/18/2022


Daily Market Report | January 18, 2022 US FINANCIAL MARKET Stocks Fall as Bond Yields Hit Two-Year High - Wall Street Journal, 1/18/2022 U.S. stock indexes fell Tuesday and bond yields hit two-year highs, as investors fretted over whether the Federal Reserve will hike interest rates more quickly and aggressively than expected. Investors, coming off a holiday weekend that had closed markets on Monday, sold stocks across the board. All three indexes fell, with the S&P 500 sliding 1.6%, the Dow Jones Industrial Average shedding 1.6% and the Nasdaq Composite retreating 1.8%. The Cboe [...]

Daily Market Report | 01/18/20222022-01-18T09:26:05-08:00

Daily Market Report | 01/14/2022


Daily Market Report | January 14, 2022 US FINANCIAL MARKET Stocks Fall Amid Bank Earnings – Wall Street Journal, 1/14/2022 U.S. stocks fell Friday following lackluster earnings reports from some of the country’s biggest banks and weaker-than-expected economic data, deepening a winter selloff. All three major indexes opened Friday lower, briefly recovered from their early-session lows, then fell again. The S&P 500 was recently down 0.7%, while the Dow Jones Industrial Average was off 1%. The tech-heavy Nasdaq Composite retreated from earlier gains, losing 0.5%. The losses put all three indexes on track for [...]

Daily Market Report | 01/14/20222022-01-14T10:22:19-08:00

Daily Market Report | 01/13/2022


Daily Market Report | January 13, 2022 US FINANCIAL MARKET Stocks Open Higher After Jobless Claims, Inflation Data – Wall Street Journal, 1/13/2022 U.S. stocks and bond yields crept higher after fresh data on inflation and the labor market provided a mixed picture of the economic recovery. The S&P 500 added 0.2% after the broad-market index closed up 0.3% Wednesday. The Nasdaq Composite Index also ticked up 0.2% and the Dow Jones Industrial Average added 0.4%. The U.S. producer-price index rose at an annual rate of 9.7% in December, an acceleration from November. New [...]

Daily Market Report | 01/13/20222022-01-13T12:05:25-08:00

Daily Market Report | 01/12/2022


Daily Market Report | January 12, 2022 US FINANCIAL MARKET Stocks Open Higher as Inflation Picks Up – Wall Street Journal, 1/12/2022 Stocks rose and bond yields retreated, despite data showing inflation at its highest level since 1982, with investors betting that price pressures might be peaking. The S&P 500 gained 0.6%, putting the broad U.S. stock index on pace for a second day of gains after a five-day losing streak. The Dow Jones Industrial Average added 0.5%, or about 180 points, and the tech-heavy Nasdaq Composite Index climbed 0.8%. The consumer-price index—which measures [...]

Daily Market Report | 01/12/20222022-01-12T11:57:32-08:00

Daily Market Report | 01/11/2022


Daily Market Report | January 11, 2022 US FINANCIAL MARKET Stocks Open Lower Ahead of Powell Confirmation Hearing – Wall Street Journal, 1/11/2022 U.S. stock indexes fell and the bond yield rally paused ahead of testimony from Jerome Powell in which the Federal Reserve chairman is set to be grilled by lawmakers on inflation and interest rates. Most of the stock market fell Tuesday, deepening a slide that has pushed shares of many companies into the red to start the year. Shares of fast-growing companies fell alongside stocks more closely tied to the economy, [...]

Daily Market Report | 01/11/20222022-01-11T10:30:19-08:00

Daily Market Report | 01/10/2022


Daily Market Report | January 10, 2022 US FINANCIAL MARKET Tech Stocks Tumble, Extending Last Week’s Losses – Wall Street Journal, 1/10/2022 Technology stocks tumbled on Monday as government bond yields continued to rise, signaling that investors expect the Federal Reserve to move quickly in raising interest rates. The tech-heavy Nasdaq Composite Index slid 2.6%. The benchmark last week posted its biggest one-week percentage decline since February, as rising bond yields punctured tech valuations. The S&P 500 was down 1.9% in Monday trading, while the Dow Jones Industrial Average fell 1.6%, or 578 points. [...]

Daily Market Report | 01/10/20222022-01-10T10:11:37-08:00

Daily Market Report | 01/07/2022


Daily Market Report | January 7, 2022 US FINANCIAL MARKET Stocks Edge Slightly Lower After Jobs Report – Wall Street Journal, 1/7/2022 U.S. stocks fell and Treasury yields jumped after the monthly jobs report, capping a volatile week to kick off the new year. The S&P 500 slipped 0.5%, after closing down 0.1% in Thursday’s choppy session. The Nasdaq Composite Index shed 1.1% and the Dow Jones Industrial Average lost 0.2%. The tech-heavy Nasdaq Composite has lost around 4% this week and is on track for its worst week since at least February 2021. [...]

Daily Market Report | 01/07/20222022-01-07T11:00:40-08:00

Daily Market Report | 01/06/2022


Daily Market Report | January 6, 2022 US FINANCIAL MARKET Stocks Fall as Tech Selloff Worsens – Wall Street Journal, 1/6/2022 Technology stocks continued to fall at the open, as the prospect of interest rate rises briefly pushed Treasury yields to their highest levels since the start of the pandemic. All three major U.S. stock indexes sank in recent trading after whipsawing early in the session. At one point, it seemed that indexes were on track to reverse their losses. That quickly faded after a selloff in technology stocks and other sectors worsened. On [...]

Daily Market Report | 01/06/20222022-01-06T10:40:17-08:00