Daily Market Report | 05/26/2022

2022-05-26T08:58:44-07:00

Daily Market Report | May 26, 2022 US FINANCIAL MARKET Stocks Open Higher Ahead of Tech Earnings – Wall Street Journal, 5/26/2022 U.S. stocks ticked up ahead of earnings from large technology companies and after minutes from the Federal Reserve reduced some investors’ concerns about aggressive measures to tame inflation. Minutes released on Wednesday by the Fed showed that policy makers were in agreement for half-percentage point increases in June and July, in line with previous communication. The yield on the benchmark 10-year Treasury note was flat from Wednesday at 2.746%. A second reading [...]

Daily Market Report | 05/26/20222022-05-26T08:58:44-07:00

Daily Market Report | 05/25/2022

2022-05-25T09:22:50-07:00

Daily Market Report | May 25, 2022 US FINANCIAL MARKET Stocks Edge Higher Ahead of Fed Minutes – Wall Street Journal, 5/25/2022 U.S. stocks edged up ahead of the release of minutes from the Federal Reserve’s most recent policy meeting, which will be combed for details on the path of coming interest-rate rises. After briefly opening lower, stock indexes turned green in early trading. The S&P 500 rose 0.9% after the broad-market index closed down 0.8% on Tuesday. The Nasdaq Composite Index rose 1.2%, a reversal from a sharp selloff in tech stocks the [...]

Daily Market Report | 05/25/20222022-05-25T09:22:50-07:00

Daily Market Report | 05/24/2022

2022-05-24T10:24:17-07:00

Daily Market Report | May 24, 2022 US FINANCIAL MARKET Stocks Drop in Volatile Trading – Wall Street Journal, 5/24/2022 U.S. stock indexes moved lower and a selloff in technology stocks deepened, as growing investor concerns about the outlook for economic growth weighed on the market. The S&P 500 fell 1.5% Tuesday morning, while the Dow Jones Industrial Average lost 0.5%. The tech-heavy Nasdaq Composite slid 2.8%. The losses point to a sharp turnaround from Monday, when major U.S. indexes rallied after a volatile trading session the previous week. But a profit and revenue [...]

Daily Market Report | 05/24/20222022-05-24T10:24:17-07:00

Daily Market Report | 05/23/2022

2022-05-23T11:02:50-07:00

Daily Market Report | May 23, 2022 US FINANCIAL MARKET Stocks Start the Week Higher After Nearing Bear Market – Wall Street Journal, 5/23/2022 U.S. stocks rose in morning trading, as the S&P 500 pushed away from bear-market territory after flirting with such levels in a volatile trading session Friday. The broad-market benchmark jumped 1.2% Monday. At one point Friday, the S&P 500 slid so far it was on track to close at least 20% below its January peak—what would have been considered a bear market—before regaining ground. The Dow Jones Industrial Average rose [...]

Daily Market Report | 05/23/20222022-05-23T11:02:50-07:00

Daily Market Report | 05/20/2022

2022-05-20T09:20:44-07:00

Daily Market Report | May 20, 2022 US FINANCIAL MARKET U.S. Stock Market Turns Negative, Extending Recent Losses – Wall Street Journal, 5/20/2022 U.S. stocks slipped Friday, extending recent losses that have major indexes on track for their longest streak of weekly declines in more than two decades. The Dow Jones Industrial Average declined 108 points, or 0.3%, to 31144. The Nasdaq Composite lost 0.2% and the S&P 500 fell 0.3% after narrowly avoiding entering a bear market, or a 20% decline from its last peak, during a choppy trading session Thursday. The S&P [...]

Daily Market Report | 05/20/20222022-05-20T09:20:44-07:00

Daily Market Report | 05/19/2022

2022-05-19T11:22:49-07:00

Daily Market Report | May 19, 2022 US FINANCIAL MARKET Stock Markets Fall as Bear Market Looms Over S&P 500 – Wall Street Journal, 5/19/2022 U.S. stocks resumed their declines Thursday on growing worries of an economic slowdown that sent investors into the haven of government bonds. The S&P 500 fell 0.7%, putting the index close to bear market territory—market shorthand for a 20% fall from a recent high. The index tumbled 4% Wednesday, its biggest one-day retreat since June 2020. After that drop, the S&P 500 had retreated more than 18% from its [...]

Daily Market Report | 05/19/20222022-05-19T11:22:49-07:00

Daily Market Report | 05/18/2022

2022-05-18T09:18:21-07:00

Daily Market Report | May 18, 2022 US FINANCIAL MARKET Retail Earnings Drive Stock Market Decline – Wall Street Journal, 5/18/2022 U.S. stock indexes fell Wednesday after major retailers reported that rising costs and sluggish sales were weighing on profits, putting Wall Street on course to extend the year’s volatility. The Dow Jones Industrial Average fell more than 600 points in morning trading, down about 1.9%. The S&P 500 fell 2.2%, and the tech-focused Nasdaq Composite receded 2.3%. Technology shares had led a rebound in markets Tuesday. Shares of retailer Target sank 24% after [...]

Daily Market Report | 05/18/20222022-05-18T09:18:21-07:00

Daily Market Report | 05/17/2022

2022-05-17T10:21:21-07:00

Daily Market Report | May 17, 2022 US FINANCIAL MARKET Stocks Rise Ahead of Powell Talk – Wall Street Journal, 5/17/2022 U.S. stock indexes climbed Tuesday as investors snapped up beaten-down shares in technology, banking and other sectors. The S&P 500 rose 1.4% in morning trading, while the Dow Jones Industrial Average added 0.9%. The tech-heavy Nasdaq Composite jumped 1.7%, rebounding after it fell 1.2% on Monday in a late-session selloff. On Tuesday, fresh data from the Commerce Department showed some signs of economic resilience, with U.S. shoppers increasing retail spending in April for [...]

Daily Market Report | 05/17/20222022-05-17T10:21:21-07:00

Daily Market Report | 05/13/2022

2022-05-13T09:24:01-07:00

Daily Market Report | May 13, 2022 US FINANCIAL MARKET U.S. Stocks Rise After Brutal Trading Week – Wall Street Journal, 5/13/2022 U.S. stocks were higher Friday after a punishing week of losses across major indexes. The S&P 500 rose 2.3% in early trading. The Dow Jones Industrial Average added 480 points, or 1.5%, and the Nasdaq Composite climbed 3.4%. All three indexes were still on track for weekly losses of at least 2%. The moves higher in the broader market followed a late-session rally Thursday that helped the Nasdaq Composite eke out a [...]

Daily Market Report | 05/13/20222022-05-13T09:24:01-07:00

Daily Market Report | 05/12/2022

2022-05-12T11:50:40-07:00

Daily Market Report | May 12, 2022 US FINANCIAL MARKET Stocks Wobble as Inflation Weighs on Markets – Wall Street Journal, 5/12/2022 U.S. stocks wavered between small gains and losses Thursday, extending a streak of volatility in a market driven by worries that the Federal Reserve will hamper growth in its effort to bring inflation under control. The S&P 500 slipped 0.2% after the broad-market index closed down 1.6% on Wednesday. The Dow Jones Industrial Average fell 0.5%. The Nasdaq Composite Index added 0.5%. All three indexes are on track for weekly losses of [...]

Daily Market Report | 05/12/20222022-05-12T11:50:40-07:00