S&P 500’s September Shock: Largest Monthly Loss of 2023
The S&P 500 faced its largest monthly loss of 4.9% in September, marking the most significant decline since December of the previous year. U.S. stocks mostly closed lower on Friday, with investors assessing the latest data from the Federal Reserve’s preferred inflation measure. It was the conclusion of a turbulent month for the stock market. […]
S&P 500 at a Crossroads: The Mother of All Trend Lines
After what appears to be the most challenging month for stocks this year, some investors are closely examining a chart that signals an impending showdown for the S&P 500 SPX. This chart was shared by a stock market commentator on X named Heisenberg, who goes by @Mr_Derivatives: The S&P 500 has seen a 5.1% decline […]
US Futures Ride the Waves of an Oil Rally Pause
On Thursday, Wall Street stocks grappled to gain momentum, facing challenges in shaking off the prevailing market pessimism, despite a pause in the oil rally. Investors eagerly awaited an update on the state of the US economic growth. Futures linked to the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) struggled to make […]
Investor’s Guide to Market Recovery: 3 Hints for the End of Stock-Market Pain
A large number of investors are looking for indications that the stock market decline may soon be over, even though the S&P 500 has only dropped by 5.5% from its peak in late July. Taking this into consideration, Victor Cossel from Seaport Research Partners has shared some technical charts that may provide insight into when […]
Stock Market Shake-Up: The September Story You Should Know
Wall Street Sees Earnings Forecast Declines as S&P 500 Slips 4% in September Amid concerns over the impact of surging Treasury yields on equities, the downward revisions in S&P 500 earnings forecasts are adding to investor unease. Nicholas Colas, co-founder of DataTrek Research, noted that after weeks of positive or steady adjustments to 2023 and […]
Investor Concerns Rise as S&P 500 Futures Extend Their Descent
Monday morning saw a reversal in fortune for U.S. stock futures, as they surrendered their early gains. Here’s a summary of what unfolded: Recapping Friday’s performance, the Dow Jones Industrial Average (DJIA) saw a 107-point loss, marking a 0.31% drop to 33,964. The S&P 500 (SPX) also declined by 10 points, or 0.23%, reaching 4,320, […]
