Stock Market’s Waiting Game: When Will Consumers Hit Pause?
Five percent is a pretty normal interest rate,” says Michael Rosen, CIO at Angeles Investments. Consumer spending has defied Wall Street expectations all year, both by keeping stocks afloat near record levels and by preventing the U.S. economy from running aground into a recession. That’s why sentiment around stocks in the week ahead could hinge […]
U.S. Stock Futures Decline as Economy Maintains Momentum
U.S. stock-index futures took a downward turn on Friday, capping off a challenging, holiday-shortened week on a negative note for Wall Street. Here’s a breakdown of the situation: On the previous day, the Dow Jones Industrial Average (DJIA) gained 58 points, marking a 0.2% increase, while the S&P 500 (SPX) and the Nasdaq Composite (COMP) […]
The U.S. Dollar’s Ascent and Its Implications for Your Portfolio
The ascending U.S. dollar has become a cause for concern overseas and has captured the attention of both domestic and international investors. However, it remains uncertain whether authorities have the means to curtail this surge or if it poses an imminent threat to U.S. equities. Edward Moya, a senior market analyst at Oanda, noted, “The […]
U.S. Stock Futures Show Signs of Recovery After Initial Decline
Early on Tuesday, U.S. stock index futures were rebounding, although they remained in negative territory, as surging bond yields countered pessimistic economic reports from China and Europe. Here’s how stock-index futures are trading: Looking back, on Friday, the Dow Jones Industrial Average (DJIA) rose by 116 points, or 0.33%, to reach 34,838, the S&P 500 […]
S&P 500 Surges: Biggest Weekly Gain Since June!
The S&P 500 and Nasdaq registered consecutive weekly gains, while U.S. stocks closed mostly higher on Friday. The Dow Jones Industrial Average and S&P 500 saw modest increases, bolstered by rising Treasury yields in response to a fresh report on August’s job market performance. U.S. markets will be closed on Monday for Labor Day. Here’s […]
September Stock Market Blues: Tips to Weather the Storm
In August, the U.S. stock market saw a slowdown in its robust AI-driven rally, with the S&P 500 index potentially facing its worst month in six months, and the Nasdaq Composite poised for its most significant monthly decline of the year. As we approach September, historical trends suggest that the coming month may bring even […]
S&P 500 Welcomes Airbnb and Blackstone to the Fold
S&P Dow Jones Indices announced that investment giant Blackstone Inc. and vacation-home rental platform Airbnb Inc. will be joining the S&P 500 index later this month, resulting in a surge in their after-hours stock prices on Friday. The change is set to take effect on Monday, September 18th, and is part of a series of […]
Labor Day Break: Stock Market Takes a Holiday Too
“Nasdaq Achieves 34.1% Gain in 8 Months Before Labor Day, Best Since 2003” As Labor Day approaches, it’s important to note that the U.S. stock market will be closed on Monday, September 4th, in observance of the holiday. This also includes the approximately $25 trillion Treasury market, providing workers with an extended holiday weekend to […]
How Wall Street’s Finest View the Market Post-August
The S&P 500 kicked off 2023 with an impressive 21% surge in the first seven months. However, the August blues halted this rally in its tracks. Historical patterns show that August and September tend to be challenging for stocks, and macroeconomic challenges persist. ? Market Overview Let’s dive into the insights from Wall Street’s finest […]
U.S. Stock-Futures Rally Hits Pause Button as Treasury Yields Edge Higher
U.S. stock market futures exhibited a slight softening early on Wednesday as the recent rally hit a pause, accompanied by a modest rise in Treasury yields. Here’s a glance at the current state of stock index futures: In the previous session, market movements looked like this: Market Dynamics: The U.S. bond market’s influence on stocks […]
