Stock-Market Rally Continues: S&P 500 on Track for Impressive 7-Day Winning Streak
On Friday, U.S. stocks slightly increased and maintained a remarkable surge observed due to indications of a decline in inflation and employment opportunities. What’s happening What’s driving the market On Thursday, the S&P 500 experienced the longest period of consecutive gains since November 2021, with its sixth consecutive increase. Additionally, the Nasdaq achieved its highest […]
The Fed’s Inaction and the Ongoing Stock Market Rally: What Could Bring It to a Halt?
Some people are still confused after the recent Federal Reserve meeting, and now there is a concern for Thursday’s market, with technology stocks appearing to be particularly unstable. The Fed recently decided to hold off on increasing interest rates, but they expect to do so twice in the future. However, Chairman Jerome Powell attempted to […]
S&P 500, Nasdaq Futures Rise as Investors Eye Crucial Fed Rate Decision
Investors are anticipating an end to the Federal Reserve’s monetary tightening campaign, hence the S&P 500 and Nasdaq futures have slightly increased, as reported by Reuters on Wednesday. It is anticipated that the United States central bank will maintain the current interest rate range at 5% to 5.25%, which is the first time it has […]
S&P 500 and Nasdaq Reach New 2023 Highs: Tesla Leads the Charge
On June 9th, the S&P 500 finished the day at a higher point than where it began, although it didn’t reach its highest point during the day. Despite a rally from Tesla, the overall stock market failed to respond strongly in anticipation of the upcoming Federal Reserve policy meeting and inflation data next week. The […]
Breaking Down the Wall of Worry: Stock Market Gains and Predictions
The S&P 500 index is currently experiencing a bullish market trend, and the level of volatility in the market is at its minimum. Additionally, a higher number of stocks are exhibiting an upward trend, as compared to the previous months. Does this mean that investors have nothing to be concerned about? There doesn’t seem to […]
Lucid’s Bold Move: Stock Climbs as They Join China’s Competitive EV Market
According to a report, Lucid, a manufacturer of high-end electric vehicles, intends to market their automobiles in China, which is considered the largest market for automobiles. According to an individual who is knowledgeable about the situation, Lucid plans to market foreign vehicles in China and explore the possibility of establishing manufacturing plants in the region, […]
Top 3 Stocks to Keep an Eye On: Couchbase, Casey’s General Stores, and Cue Health
During the second quarter, Couchbase, a leading provider of NoSQL database solutions, reported earnings that fell short of analysts’ expectations. The company’s projected income was lower than anticipated, which led to a significant drop in its stock value. Consequently, Couchbase’s shares experienced an 18% decrease during after-hours trading, reflecting investors’ concerns about the company’s performance. […]
2023 Market Update: Small-Cap Stocks Strive to Match S&P 500 and Nasdaq’s Success
RBC Capital Markets reports that small-cap stocks are showing promising results in the United States, despite not surpassing the S&P 500 and Nasdaq Composite yet this year. Their performance is considered impressive and exhibiting optimistic patterns. According to data from FactSet reflecting trading levels on Monday afternoon, the Russell 2000 index, which tracks the stocks […]
Morgan Stanley Predicts Earnings Collapse for Wall Street’s Disregarded Stock Surge
It is not easy to find optimistic investors on Monday, following a significant increase in the S&P 500 after positive employment figures and the resolution of the debt ceiling issue, which has brought the market to the brink of a bull market. However, it is not a bad situation as the technology sector is only […]
