News: Stocks fell for a second day on Wall Street. The U.S. government has officially reached its debt ceiling near $31.4 trillion. The Treasury Department is now deploying “extraordinary measures” to stave off a default. According to the Wall Street...
News: Markets opened green after the latest PPI numbers showed inflation cooling at its fastest rate since the pandemic began. The report showed prices were lower than expectations, fueling the case that on inflation, the worst is behind us. The mark...
News: Markets struggled to find a direction on Tuesday. In the end, the major indexes settle mostly flat. The notable outlier was the Dow Jones. The broader view was mixed. 46% of stocks rose while 50% declined. Sector Round Up The sectors reflected...
News: On Friday, markets opened on a weak note, falling as much as 1% after what appeared to be weak earnings from the big banks. Buyers quickly scooped up the discounts, and by the close, all four major indexes ended solidly in the green… The bank s...
News: The latest CPI inflation data dropped yesterday. Here are the key numbers… Your take-home, the trend is clearly pointing lower… Wall Street took a little time to digest the report, swinging from green to red and red to green several times durin...
News: Markets rose for a second day ahead of the latest headline inflation data front the CPI report due out at 8:30 this moring. The anticipation has the markets on edge. All four major indexes ended Wednesday solidly in the green… Sector Round Up A...
News: On Tuesday, Fed Chair Powell’s words from Sweden had little impact on the market… After a negative open stocks climbed throughout the day and closed with modest gains. The four major indexes ended the day green. Risk-on stocks led the way… Sect...
News: Monday morning, markets opened higher and climbed in the morning session. At their peak, the major indexes rose between 1-2%. But after lunchtime, buyer momentum faded and the markets closed near their lows. The four major indexes ended the da...
News: The latest Jobs Report dropped on Friday. The news brought heavy buying. The not-so-big paychecks gave the market confidence that inflation is in fact easing. After the report was made public markets lurched higher, dropped at the open—creating...
News: Weekly jobless claims had been on the rise, but yesterday, they dropped to pre-pandemic levels. Typically a strong labor market favors a strong economy which favors a strong stock market. But right now all eyes are on The Fed. The market believ...