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 […]
? Expert Insights: S&P 500’s Bullish Run Still Has Room to Grow
August isn’t living up to stock investors’ expectations, and that’s no shocker. Historically, August has ranked as the second-worst month for the S&P 500 in the last 35 years. September has also brought its own bumps along the way. After a rollercoaster year in 2022, some investors have chosen to cash out a bit to […]
Into the Unknown: U.S. Stocks Confront an Ambiguous Trading Week
Last week marked a change in the tide for the U.S. stock market, as it broke a three-week streak of losses in the midst of a volatile environment. The week saw notable events, including Nvidia’s earnings report and an eagerly awaited speech by Federal Reserve Chief Jerome Powell at the annual Jackson Hole symposium in […]
The S&P 500’s Turning Point: Assessing the Impact of Breaking Support
The S&P 500 Index (SPX) soared to nearly 4600 in late July, but has since embarked on a downward trend. Recently, it faced its first major test of support around 4330, and this support demonstrated resilience. In light of this, the bull market still maintains its footing on the SPX chart. While another support level […]
