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Daily Market Report | 01/10/2024 US FINANCIAL MARKET Wall Street Traders on Hold in Run-Up to CPI Data: Markets Wrap - Bloomberg, 1/10/2024 Stocks, bonds, and the dollar saw small moves, with investors awaiting Thursday’s inflation data for clues on the Federal Reserve outlook. The S&P 500 rose 0.1%. The Nasdaq 100 rose 0.2%. The Dow Jones Industrial Average changed little. The yield [...]

Daily Market Report | 01/09/2024 US FINANCIAL MARKET Stocks Fall After Tech-Led Bounce; Oil Rebounds: Markets Wrap - Bloomberg, 1/9/2024 Stocks fell after a tech-led bounce as Treasury 10-year yields fluctuated above 4%. Oil climbed. The S&P 500 extended this year’s losses. The S&P 500 fell 0.6%. The Nasdaq 100 fell 0.7%. The Dow Jones Industrial Average fell 0.6%. Tech shares came under [...]

Daily Market Report | 01/08/2024 US FINANCIAL MARKET US Stocks Wobble After Selloff as Boeing Sinks: Markets Wrap - Bloomberg, 1/8/2024 Stocks, bonds, and the dollar saw small moves at the start of a week that will bring critical inflation data and bank earnings. The Dow Jones Industrial Average underperformed major benchmarks, with Boeing slumping as the grounding of its 737 Max 9 [...]

Daily Market Report | 01/04/2024 US FINANCIAL MARKET Bonds Slide After Jobs Data Curb Rate Cut Bets: Markets Wrap - Bloomberg, 1/4/2024 Treasury yields rose while technology stocks wobbled after robust jobs data sparked doubts about how soon and deeply the Federal Reserve could start cutting interest rates. The Nasdaq 100 was little changed as the tech-heavy benchmark pulls back from what could [...]

Daily Market Report | 01/03/2024 US FINANCIAL MARKET Bonds Bounce Off Lows, Stocks Drop Deepens on Data: Markets Wrap - Bloomberg, 1/3/2024 US bonds pared losses while stocks extended their new-year rout following mixed data on factory activity and the labor market. Ten-year Treasury yields pared a climb from above 4%, the highest since mid-December, while the S&P 500 slid 0.6%. The Nasdaq [...]

Daily Market Report | 01/02/2024 US FINANCIAL MARKET Nasdaq 100 Drops Over 1%, Bonds Retreat From Rally: Markets Wrap - Bloomberg, 1/2/2024 US stocks and Treasuries dropped as traders trimmed their bets on interest-rate cuts and speculated that the recent rally has been overdone. The Nasdaq index slid 1.6% in the tech-heavy benchmark’s biggest drop in about a month. The S&P 500 fell [...]

Daily Market Report | 12/29/2023 US FINANCIAL MARKET S&P 500 Vies for Breakout at End of Stellar Year: Markets Wrap - Bloomberg, 12/29/2023 Wall Street’s final session of the year has stocks set for their ninth straight week of gains — the longest winning run since 2004. The S&P 500, Nasdaq 100 and The Dow Jones Industrial Average were little changed. While signs [...]

Daily Market Report | 12/28/2023 US FINANCIAL MARKET Nasdaq 100 Is Set for Best Year Since Dot-Com Era: Markets Wrap - Bloomberg, 12/28/2023 A banner year for stocks is drawing to a close, with gains in big tech leaving the market near all-time highs amid the artificial-intelligence exuberance and dovish Federal Reserve bets. With only two sessions left before the final closing bell [...]

Daily Market Report | 12/27/2023 US FINANCIAL MARKET US Stock Rally Loses Steam Near All-Time Highs: Markets Wrap - Bloomberg, 12/27/2023 Stocks struggled to find solid ground after a rally that put the market near a record on bets the Federal Reserve will cut rates next year. Without any major economic data or significant corporate events, the S&P 500 wavered. The Nasdaq 100 [...]

Daily Market Report | 12/21/2023 US FINANCIAL MARKET Stocks Hold Onto Gains Amid Signs Economy Cooling: Markets Wrap - Bloomberg, 12/21/2023 US stocks held onto gains after Thursday data signaled the economy was headed in the right direction, cementing bets on prospective interest rate cuts from the Federal Reserve. The S&P 500 rose 0.7%. The Nasdaq 100 rose 0.6%. The Dow Jones Industrial [...]

Daily Market Report | 12/20/2023 US FINANCIAL MARKET Treasuries Trim Gains, Stocks Edge Up After Data: Markets Wrap - Bloomberg, 12/20/2023 US Treasuries held onto gains while stocks struggled to resume their climb after a fresh batch of data left traders measuring the chances a soft landing for the world’s largest economy. The yield on the US 10-year was down three basis points [...]

Daily Market Report | 12/18/2023 US FINANCIAL MARKET US Stocks Rally Plows Ahead While Bonds Falter: Markets Wrap - Bloomberg, 12/18/2023 US stocks kicked off the week on positive note buoyed by a burst of deals, even as central bankers sought to sow doubts that aggressive interest-rate cuts will materialize early next year. Coming off a seven-week bull run, the S&P 500 rose [...]

Daily Market Report | 12/15/2023 US FINANCIAL MARKET Everything Rally Cools as March Rate Cut in Doubt: Markets Wrap - Bloomberg, 12/15/2023 This week’s everything rally lost some heat on Friday after a Federal Reserve official threw cold water on hopes for an interest rate cut as early as March. US stocks and bonds were mixed while the dollar rebounded. New York Fed [...]

Daily Market Report | 12/14/2023 US FINANCIAL MARKET Stocks Join Bonds Higher in Fed-Fueled Optimism: Markets Wrap - Bloomberg, 12/14/2023 Wall Street extended its rally after dovish Federal Reserve signals unleashed a bullish pulse across global markets amid optimism the world’s largest economy will be able to avert a recession. Equities pushed higher — with the S&P 500 approaching its record and the [...]

Daily Market Report | 11/14/2023 US FINANCIAL MARKET S&P 500 Up 2% as Yields Tumble After CPI Surprise: Markets Wrap - Bloomberg, 11/14/2023 Stocks climbed while bond yields sank as an unexpected inflation slowdown bolstered bets the Federal Reserve’s aggressive hiking cycle is now over — and its next move will be a cut in mid-2024. More than 95% of the S&P 500 [...]

Daily Market Report | 11/02/2023 US FINANCIAL MARKET Tech Giants Lead Stock Gains as Bond Yields Slide: Markets Wrap - Bloomberg, 11/2/2023 Stocks rose and bond yields fell on speculation the Federal Reserve is done with interest-rate hikes. The pound gained after the Bank of England ruled out any possibility of letting up on its fight against inflation for the foreseeable future. The [...]

Daily Market Report | 10/31/2023 US FINANCIAL MARKET Wall Street ‘Yawns’ at Economic Data in Fed Run-Up: Markets Wrap - Bloomberg, 10/31/2023 Wall Street is heading toward the end of a jittery month, with stocks fluctuating and bonds mixed. The yen slumped after the Bank of Japan made only minor changes to its policy settings. Traders took the latest economic data in stride [...]

Daily Market Report | 10/30/2023 US FINANCIAL MARKET Oil Falls 3% as Weekend Jitters Ease; Stocks Rise: Markets Wrap - Bloomberg, 10/30/2023 Stocks rose around the world, oil fell 3% while Treasuries retreated as Israel’s ground incursion into Gaza appeared less extensive than some investors had feared. The S&P 500 traded off session highs, while still halting a three-day slide that drove the [...]

Daily Market Report | 10/23/2023 US FINANCIAL MARKET Treasury 10-Year Yield Retreats After Hitting 5%: Markets Wrap - Bloomberg, 10/23/2023 A renewed bout of volatility in the bond market impacted stock trading on Monday, with investors also awaiting earnings from a handful of big tech companies. Oil and gold retreated as Israel appeared to hold off on a broader ground invasion in Gaza. [...]

Daily Market Report | 10/18/2023 US FINANCIAL MARKET Stocks Drop, Oil Climbs on Renewed Mideast Risks: Markets Wrap - Bloomberg, 10/18/2023 Stocks were under pressure and oil climbed as Iran intensified its rhetoric against Israel after an explosion at a Gaza hospital that complicated diplomatic efforts to rein in the Middle East conflict. The S&P 500 fell 0.8%. The Nasdaq 100 fell 0.9%. [...]

Daily Market Report | 10/16/2023 US FINANCIAL MARKET Stocks Rise Amid Efforts to Stifle Israel Conflict: Markets Wrap - Bloomberg, 10/16/2023 Stocks rose and bonds fell amid diplomatic efforts to prevent the Israel-Hamas war from expanding into a regional conflict. Oil edged lower, following last week’s rally. The S&P 500 halted a two-day slide, with traders also gearing up for a raft of [...]

Daily Market Report | 10/11/2023 US FINANCIAL MARKET Wall Street Brushes Off Hot PPI as Stocks Advance: Markets Wrap – Bloomberg, 10/11/2023 Stocks rose as traders shrugged off a hotter-than-estimated inflation reading to focus on less hawkish comments from Federal Reserve speakers. Oil fell after an early-week surge. The S&P 500 gained for a fourth straight session, rebounding from technically oversold levels. The [...]

Daily Market Report | 10/04/2023 US FINANCIAL MARKET Bond Rout Eases as Traders Parse Job, Service Data: Markets Wrap - Bloomberg, 10/4/2023 Global bonds steadied Wednesday as traders parsed US data and raised bets that the Federal Reserve can refrain from further interest rate increases. Ten-year Treasury yields remain lower on the day after the rate on the benchmark had reached as high [...]

Daily Market Report | 10/03/2023 US FINANCIAL MARKET Stock, Bond Drop Deepens After Jobs Data Surprise: Markets Wrap - Bloomberg, 10/3/2023 Stocks slumped while the retreat in Treasuries get fresh legs as investors digested an unexpected rise in job openings in August. The S&P 500 and Nasdaq 100 indexes fell more than 1% after Tuesday data showing the number of available positions rose [...]

Daily Market Report | 09/29/2023 US FINANCIAL MARKET Stocks, Bonds Rebound Trimmed as Walkouts Spread: Markets Wrap - Bloomberg, 9/29/2023 US stocks and Treasuries trimmed an advance as plans for auto plant strikes were expanded. The S&P 500 was up 0.5%, while the Nasdaq 100 pared back from a 1.4% jump after the Federal Reserve’s preferred measure of inflation increased at a slower-than-expected [...]

Daily Market Report | 09/28/2023 US FINANCIAL MARKET Bond Selloff Gains Steam as September Losses Mount: Markets Wrap - Bloomberg, 9/28/2023 A global bond selloff deepened on Thursday amid speculation that central banks from the US to Europe are poised to keep interest rates elevated. The S&P 500 rose 0.3%. The Nasdaq 100 rose 0.3%. The Dow Jones Industrial Average rose 0.3%. Yields [...]

Daily Market Report | 09/26/2023 US FINANCIAL MARKET S&P 500 Hits 3-Month Low as Economy Angst Climbs: Markets Wrap - Bloomberg, 9/26/2023 The S&P 500 slid to a three-month low Tuesday as consumer confidence in the economy waned and investors factored in a protracted period of high interest rates. A selloff in government bonds paused while the dollar climbed. The S&P 500 lost [...]

Daily Market Report | 09/25/2023 US FINANCIAL MARKET Bonds Fall, Dollar Rallies as Hawkish Fed Sinks In: Markets Wrap - Bloomberg, 9/25/2023 Government bonds fell while stocks steadied as traders speculated central banks will keep interest rates elevated to quell inflation. A gauge of dollar strength hit its highest level this year. The US Treasury 10-year yield climbed nearly 10 basis points to [...]

Daily Market Report | 09/22/2023 US FINANCIAL MARKET Stocks Rise at End of Bruising Week on Wall Street: Markets Wrap - Bloomberg, 9/22/2023 Stocks rebounded from nearly oversold levels as bond yields fell, with traders weighing a subdued reading on business activity and the latest Fedspeak for clues on the outlook for monetary policy. The S&P 500 halted a three-day slide, while still [...]

Daily Market Report | 09/21/2023 US FINANCIAL MARKET Wall Street Is Bracing for Fed’s ‘Hawkish Hold’: Markets Wrap - Bloomberg, 9/20/2023 Stocks, bonds and the dollar saw small moves, with traders betting the Federal Reserve will keep interest rates steady on Wednesday while hinting at the possibility of hiking again, if warranted. The S&P 500 edged higher. The Nasdaq 100 was little changed. [...]

Daily Market Report | 09/20/2023 US FINANCIAL MARKET Wall Street Is Bracing for Fed’s ‘Hawkish Hold’: Markets Wrap - Bloomberg, 9/20/2023 Stocks, bonds and the dollar saw small moves, with traders betting the Federal Reserve will keep interest rates steady on Wednesday while hinting at the possibility of hiking again, if warranted. The S&P 500 edged higher. The Nasdaq 100 was little changed. [...]

Daily Market Report | 09/14/2023 US FINANCIAL MARKET Stocks Climb as Data Rekindle Bets on Soft Landing: Markets Wrap - Bloomberg, 9/14/2023 Stocks rose after strong economic reports revived speculation the Federal Reserve will be able to engineer a soft landing even if it keeps interest rates higher for longer. The euro fell on bets the European Central Bank will stay on hold [...]

Daily Market Report | 09/13/2023 US FINANCIAL MARKET Wall Street Says CPI Not a ‘Game Changer’ for Fed: Markets Wrap – Bloomberg, 9/13/2023 Stocks, bonds and the dollar saw small moves, with a mixed inflation report reinforcing speculation the Federal Reserve will pause its rate hikes — but refrain from calling the end of its tightening cycle. The S&P 500 was little changed. [...]

Daily Market Report | 09/12/2023 US FINANCIAL MARKET Tech Weighs on Stocks as Dollar Gains Before CPI: Markets Wrap - Bloomberg, 9/11/2023 Stocks retreated, while the dollar rebounded as investors geared up for a key inflation report that’s expected to bring more insights on the outlook for the Federal Reserve’s next steps. The S&P 500 fell 0.4%. The Nasdaq 100 fell 0.7%. The [...]

Daily Market Report | 09/11/2023 US FINANCIAL MARKET Stocks Grind Higher as Dollar Halts Hot Streak: Markets Wrap - Bloomberg, 9/11/2023 Stocks advanced ahead of economic readings that will help shape Wall Street’s views on how close the Federal Reserve is from wrapping up its tightening cycle. Bonds were relatively stable. The S&P 500 hovered near the 4,500 mark. The S&P 500 rose [...]

Daily Market Report | 09/08/2023 US FINANCIAL MARKET ‘Overloved’ Dollar Falls as Buyer Fatigue Kicks In: Markets Wrap - Bloomberg, 9/8/2023 The dollar lost traction, following a seemingly unstoppable rally that pushed currency toward a record streak of weekly gains on bets the Federal Reserve will keep rates elevated. Stocks and bonds edged higher. The Bloomberg Dollar Spot Index fell, while still on [...]

Daily Market Report | 09/07/2023 US FINANCIAL MARKET Nasdaq 100 Down 1% as Apple Leads Megacap Rout: Markets Wrap - Bloomberg, 9/7/2023 Stocks fell amid concern over how a Chinese ban on Apple’s iPhone could impact other segments of the American technology industry. Treasuries and the dollar were little changed, shrugging off the initial impact of jobless claims data that reinforced the case [...]

Daily Market Report | 09/06/2023 US FINANCIAL MARKET Traders Boost Bets on November Fed-Hike After ISM: Markets Wrap - Bloomberg, 9/6/2023 Stocks fell, while Treasury yields rose after a stronger-than-estimated reading on the US services industry bolstered speculation the Federal Reserve will keep interest rates higher for longer. The S&P 500 extended its drop below 4,500, while the Nasdaq 100 was down about [...]

Daily Market Report | 09/05/2023 US FINANCIAL MARKET Dollar Hits Highest Since March as US Yields Climb: Markets Wrap – Bloomberg, 9/5/2023 The dollar hit the highest since March as Treasury yields rose and stocks fluctuated, with traders betting interest rates will remain elevated even if the Federal Reserve halts its tightening cycle this month. As the greenback advanced, options traders positioned for [...]

Daily Market Report | 09/01/2023 US FINANCIAL MARKET Stocks Rise as Jobs Report Fuels Fed-Peak Wagers: Markets Wrap - Bloomberg, 9/1/2023 Stocks rose after jobs data fueled bets that the Federal Reserve will refrain from raising interest rates again this year to prevent an economic recession. The S&P 500 headed toward its best week since March. The S&P 500 rose 0.4%. The Nasdaq [...]

Daily Market Report | 08/31/2023 US FINANCIAL MARKET Stock Traders Hold Back on Big Bets Before Jobs: Markets Wrap - Bloomberg, 8/31/2023 Stocks, bonds and the dollar posted small moves after mixed economic data, with traders bracing for Friday’s jobs report for clues on the outlook for Federal Reserve policy. The S&P 500 rose for a fifth straight day, while still heading toward [...]

Daily Market Report | 08/30/2023 US FINANCIAL MARKET S&P 500 Tops 4,500, Yields Drop on Economic Data: Markets Wrap – Bloomberg, 8/30/2023 Stocks rose, while Treasury yields fell as another batch of economic data cemented bets the Federal Reserve is approaching the end of its interest-rate hikes. The S&P 500 topped 4,500. Visa and Mastercard climbed on plans to boost the fees that [...]

Daily Market Report | 08/29/2023 US FINANCIAL MARKET Stocks Up, Yields Down as Data Fuel Fed Skip Bets: Markets Wrap – Bloomberg, 8/29/2023 Wall Street traders pushed the stock market higher, while bond yields retreated after economic reports bolstered speculation the Federal Reserve will be able to pause its interest-rate hikes in September. The S&P 500 headed toward its longest winning streak in [...]

Daily Market Report | 08/28/2023 US FINANCIAL MARKET Stocks Start Data-Packed Week on a Positive Note: Markets Wrap - Bloomberg, 8/28/2023 Stocks advanced, while bond yields retreated at the start of a week jam-packed with economic data that will help shape the outlook for Federal Reserve policy. The S&P 500 rose 0.7%. The Nasdaq 100 rose 0.7%. The Dow Jones Industrial Average rose [...]

Daily Market Report | 08/25/2023 US FINANCIAL MARKET Stocks Fall as Powell Signals ‘Job Isn’t Done Yet’: Markets Wrap - Bloomberg, 8/25/2023 Stocks fell and bond yields rose after Jerome Powell signaled the Federal Reserve will keep policy tighter for longer to bring inflation back to its target, while saying it “will proceed carefully” on whether to raise interest rates again. The S&P [...]

Daily Market Report | 08/24/2023 US FINANCIAL MARKET Tech Rally Sputters as Yields Rise Before Powell: Markets Wrap - Bloomberg, 8/24/2023 A rally in big tech fizzled out as bond yields rose, with traders awaiting Jerome Powell’s speech on Friday for clues on the outlook for interest rates. The S&P 500 erased gains, while the Nasdaq 100 fell 1% — after rising about [...]

Daily Market Report | 08/23/2023 US FINANCIAL MARKET Stocks, Bonds Climb as Data Fuel Fed Pause Wagers: Markets Wrap - Bloomberg, 8/23/2023 Bonds climbed around the world as weak economic data in the US and Europe bolstered bets that major central banks will pause their interest-rate hikes to prevent a recession. The S&P 500 rose 0.9%. The Nasdaq 100 rose 1.5%. The Dow [...]

Daily Market Report | 08/22/2023 discretionary spend,” he said. “And that’s really for us the overall theme of how we see the second half of the year.” Dick’s Sporting Goods Blames Theft for Profit Woes - Wall Street Journal, 8/22/2023 Dick’s Sporting Goods shares plunged 20% Tuesday after the retailer posted weak earnings and said rising retail theft was sapping its profitability. The [...]

Daily Market Report | 08/21/2023 US FINANCIAL MARKET Stocks Almost Wipe Out Gains as Bond Yields Climb: Markets Wrap - Bloomberg, 8/21/2023 Stocks almost erased their gains as a renewed slide in Treasuries pushed 10-year yields to the highest level since 2007. The S&P 500 was little changed. The Nasdaq 100 rose 0.6%. The Dow Jones Industrial Average fell 0.4%. Traders also awaited [...]

Daily Market Report | 08/18/2023 US FINANCIAL MARKET Global Stocks Heading for Worst Week Since March: Markets Wrap - Bloomberg, 8/18/2023 Stocks slumped, putting a global benchmark on track for the biggest weekly loss since March, as worries about China and higher global interest rates sapped sentiment. The S&P 500 fell 0.7%. The Dow Jones Industrial Average fell 0.5%. The Nasdaq 100 slumped [...]

Daily Market Report | 08/17/2023 US FINANCIAL MARKET Tech Behemoths Drag on Stocks as Bonds Sell Off: Markets Wrap - Bloomberg, 8/17/2023 Tech heavyweights dragged on US benchmarks with stocks poised to extend a slump into a third day, a global bond market selloff intensified. The S&P 500 erased early gains, the equities gauge has closed below a closely-watched technical level twice this [...]

Daily Market Report | 08/15/2023 US FINANCIAL MARKET Banks Drag on S&P 500 as Rate Wagers Dwindle: Markets Wrap - Bloomberg, 8/15/2023 Stocks slumped as investor debate shifts toward how long the Federal Reserve will keep higher interest rates. US bonds gained as investors bought the dip. The S&P 500 fell 0.8% while the Nasdaq 100 slid 0.7% after US retail sales rose [...]

Daily Market Report | 08/14/2023 US FINANCIAL MARKET Stocks Weaken as China Contagion Risks Weighed: Markets Wrap - Bloomberg, 8/14/2023 Equity markets wobbled and US Treasury yields rose as investors weighed the potential for policy action by Chinese regulators to address mounting financial and property risks. Stocks were mixed in light trading as the tech-heavy Nasdaq 100 and favorites like Nvidia clung to [...]

Daily Market Report | 08/11/2023 US FINANCIAL MARKET Stocks Erase Losses After Consumer Sentiment Data: Markets Wrap - Bloomberg, 8/11/2023 Stocks erased losses after data showed an unexpected drop in inflation expectations, bolstering the outlook for a pause in Federal Reserve rate hikes next month. The S&P 500 was little changed, while still heading toward a second straight week of losses. The Nasdaq [...]

Daily Market Report | 08/10/2023 US FINANCIAL MARKET Stocks Rise as CPI Bolsters Bets on a Fed Skip: Markets Wrap - Bloomberg, 8/10/2023 Stocks rose after US inflation data reinforced speculation the Federal Reserve will pause its interest-rate hikes in September. The stock market advanced after a two-day slide, with all major groups in the S&P 500 pushing higher. The tech-heavy Nasdaq 100 [...]

Daily Market Report | 08/09/2023 US FINANCIAL MARKET Nasdaq 100 Drops 1% in Run-Up to Key CPI Report: Markets Wrap - Bloomberg, 8/9/2023 A slide in tech megacaps and higher energy prices weighed on stock trader sentiment ahead of key inflation data that will help shape up the outlook for the Federal Reserve’s next steps. The S&P 500 fell 0.4%. The Nasdaq 100 [...]

Daily Market Report | 08/08/2023 US FINANCIAL MARKET Stocks Drop as Bank, Economic Worries Lift Bonds: Markets Wrap - Bloomberg, 8/8/2023 Stocks fell around the world as traders rushed into bonds after a raft of news on China, Italy and the US fanned worries about the financial system and the global economy. The S&P 500 fell 1.1%. The Nasdaq 100 fell 1.4%. The [...]

Daily Market Report | 08/07/2023 US FINANCIAL MARKET Treasuries Kick Off Week With Losses After Fed speak: Market Wrap - Bloomberg, 8/7/2023 Treasuries started the week under pressure after remarks from a Federal Reserve official signaled interest rates could remain higher for longer to tame inflation pressures. Ten-year US yields resumed their advance, the dollar fluctuated and the S&P 500 rebounded from its [...]

Daily Market Report | 08/04/2023 US FINANCIAL MARKET Stocks Rise, Bond Yields Fall After Mixed Jobs: Markets Wrap - Bloomberg, 8/4/2023 Wall Street saw a reversal of the moves of the past few days, with stocks rising and bond yields falling after a mixed jobs report did little to alter bets on the outlook for Federal Reserve policy. The S&P 500 rose 0.4%. [...]

Daily Market Report | 08/03/2023 US FINANCIAL MARKET Treasury Rout Unnerves Traders as Stocks Retreat: Markets Wrap - Bloomberg, 8/3/2023 Treasuries deepened a selloff, driving the 10-year yield to a nine-month high, and equities slumped as investors grew increasingly worried about rising borrowing costs. The S&P 500 extended Wednesday’s losses and European stocks fell almost 1%. The S&P 500 fell 0.2%. The Nasdaq [...]

Daily Market Report | 08/02/2023 US FINANCIAL MARKET Stocks Hit Session Lows With Nasdaq 100 Down 2%: Markets Wrap - Bloomberg, 8/2/2023 Stocks fell and bond yields rose, following a hot labor-market reading and as the Treasury boosted the size of its debt sales just a day after the US was downgraded by Fitch Ratings. The S&P 500 fell over 1% and was [...]

Daily Market Report | 08/01/2023 US FINANCIAL MARKET Stocks Pull Back From July Rally on Weak Earnings: Markets Wrap – Bloomberg, 8/1/2023 The stock rally that catapulted the S&P 500 to a 16-month high lost momentum after a flurry of companies reported disappointing earnings. Traders also waded through mixed data on jobs openings. The S&P 500 fell 0.3%. The Nasdaq 100 fell 0.3%. [...]

Daily Market Report | 07/31/2023 US FINANCIAL MARKET Stock Traders Hold Back on Big Moves After Rally: Markets Wrap - Bloomberg, 7/31/2023 Wall Street traders refrained from making big moves at the start of a busy week for corporate earnings, with the stock market still on pace to notch its longest streak of monthly gains since August 2021. Investors have looked past concern [...]

Daily Market Report | 07/28/2023 US FINANCIAL MARKET Stock Market Today: Stocks Move Higher as Big Tech Climbs - Wall Street Journal, 7/28/2023 U.S. stock indexes rose Friday, lifted by tech shares, as blue-chip earnings and fresh inflation data rolled in. The Nasdaq Composite added more than 1.5%. The S&P 500 and Dow industrials also rose. The Dow on Thursday snapped a 13-day [...]

Daily Market Report | 07/27/2023 US FINANCIAL MARKET Nasdaq 100 Up 1% as GDP Fuels ‘Soft Landing’ Calls: Markets Wrap - Bloomberg, 7/27/2023 Stocks rose as data signaled the world’s largest economy remains strong despite the Federal Reserve’s aggressive tightening campaign, bolstering the case for a so-called soft landing. Major equity benchmarks gained as a report showed gross domestic product unexpectedly picked up [...]

Daily Market Report | 07/26/2023 US FINANCIAL MARKET Stocks Lose Steam Just a Few Hours Away From Fed: Markets Wrap - Bloomberg, 7/26/2023 Wall Street traders bracing for a Federal Reserve rate hike on Wednesday sent stocks lower on speculation Jerome Powell will signal another increase this year isn’t entirely off the cards. The S&P 500 fell 0.3%. The Nasdaq 100 fell 0.9%. [...]

Daily Market Report | 07/25/2023 US FINANCIAL MARKET US Stocks Muted, Bonds Under Pressure After Data: Markets Wrap - Bloomberg, 7/25/2023 US stock trading was muted as traders awaited earnings from technology megacaps and Wednesday’s Federal Reserve decision. The S&P 500 fluctuated, while the tech-heavy Nasdaq 100 outperformed as Microsoft and Alphabet were due to report their results. Shares in both companies rose [...]

Daily Market Report | 07/24/2023 US FINANCIAL MARKET Global Bonds Advance After Weak European Data: Markets Wrap - Bloomberg, 7/24/2023 Global bonds climbed and stocks posted small gains Monday, as sharp declines in manufacturing and services gauges across Europe fanned concerns about economic growth. Investors were wary of making big equity bets at the start of a week packed with major central bank [...]

Daily Market Report | 07/21/2023 US FINANCIAL MARKETTech Stocks Pare Rebound; Treasuries Rise: Markets Wrap – Bloomberg, 7/21/2023Technology shares eased back from a potential rebound on Friday while Treasuries rose and the yen weakened on speculation the Bank of Japan won’t make any changes to its yield curve control program.The S&P 500 and tech-heavy Nasdaq 100 were little changed after earlier gains attempting to claw back [...]

Daily Market Report | 07/20/2023 US FINANCIAL MARKET Nasdaq 100 Slumps as Netflix Dulls Tech Shine: Markets Wrap - Bloomberg, 7/20/2023 US equities and Treasuries fell Thursday as investors digested a round of disappointing tech earnings and a spike in commodity prices including wheat. The tech-heavy Nasdaq 100 fell 0.6%, with Netflix set for its biggest intraday decline since December after missing sales [...]

Daily Market Report | 07/19/2023 US FINANCIAL MARKET US Stock Rally Plows Forward Amid Peak-Rate Bets: Markets Wrap - Bloomberg, 7/19/2023 US stocks and bonds followed those in Europe higher as investors cheered cooling inflation in the UK and were able to look past an earnings miss at Goldman Sachs. Second quarter profit at the Wall Street investment bank tumbled on real estate [...]

Daily Market Report | 07/18/2023 US FINANCIAL MARKET US Stocks Drift as Traders Lock in Fed Rate Bets: Markets Wrap - Bloomberg, 7/18/2023 US stocks drifted and bonds rallied as the latest batch of economic data came in below expectations and traders fully priced in a quarter-point hike in interest rates by the Federal Reserve next week. The S&P 500 was little changed [...]

Daily Market Report | 07/17/2023 US FINANCIAL MARKET US Stocks Drift as China Economic Recovery Slows: Markets Wrap - Bloomberg, 7/17/2023 US stocks and bonds drifted as more evidence pointed to a slowdown in China’s economy. Gross domestic product in China grew at a slower-than-expected pace of 6.3% in the second quarter, adding to risks for the global economy, reliant on Chinese spending. [...]

Daily Market Report | 07/14/2023 US FINANCIAL MARKET Treasuries Make U-Turn After Hot Economic Data: Markets Wrap - Bloomberg, 7/14/2023 Treasuries pared their weekly rally as data showed an increase in both consumer sentiment and short-term inflation expectations, helping fuel speculation that interest-rates will remain elevated. The two-year US yield, which is more sensitive to imminent Federal Reserve moves, climbed seven basis points [...]