December 18, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Eyeing record highs

The S&P 500 (SPX) closed 2.5% higher last week, which marked the 7th straight week of gains. The index is now very close to posting fresh record highs as it […]

December 15, 2023

Nasdaq set for record close despite Fed’s Williams cooling bets on aggressive cuts

The Nasdaq gave up some Friday a Federal Reserve official poured cold water on aggressive rate cuts next year, but the tech-heavy index remain on course for a record closing […]

December 11, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Focus shifts from NFP to CPI and FOMC

Investors are still digesting the Friday economic data, including a hotter-than-expected jobs report, while also preparing for the busy calendar of macro catalysts, including the release of U.S. inflation data […]

December 4, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Can this rally hold?

The S&P 500 (SPX) recorded its fifth consecutive candle last week (+0.8%), matching the May-June streak. The index is now testing the 2023 highs around 4600. A break above this level would […]

November 27, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Testing key resistance

S&P 500 (SPX) recorded the fourth consecutive weekly close last week, ultimately closing at the highest level since July. It also marks the longest weekly run since June. The benchmark U.S. […]

November 6, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed sparks a massive rally

Stocks surged aggressively last week as investor bets rose that rates have peaked in the aftermath of the FOMC’s decision to leave rates unchanged. Moreover, the labor market data cooled, […]

October 30, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed, Apple and NFP in spotlight

The bears had a relatively easy time last week as high yields, ongoing geopolitical risks, strong economic data, and, most importantly, disappointing earnings all worked in their favor. “Healthy earnings […]

October 30, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Fed, Apple and NFP in spotlight

The bears had a relatively easy time last week as high yields, ongoing geopolitical risks, strong economic data, and, most importantly, disappointing earnings all worked in their favor. “Healthy earnings […]

October 27, 2023

Nasdaq jumps over 1% as Amazon, Intel updates lift megacaps

By Ankika Biswas and Shashwat Chauhan (Reuters) -The Nasdaq outperformed peers on Friday as robust updates from Amazon.com (NASDAQ:AMZN) and Intel (NASDAQ:INTC) lifted beaten-down megacaps, while investors also drew comfort […]

October 27, 2023

Nasdaq jumps over 1% as Amazon, Intel updates lift megacaps

By Ankika Biswas and Shashwat Chauhan (Reuters) -The Nasdaq outperformed peers on Friday as robust updates from Amazon.com (NASDAQ:AMZN) and Intel (NASDAQ:INTC) lifted beaten-down megacaps, while investors also drew comfort […]

October 25, 2023

Nasdaq set for worst day of losses since February amid Google slump, rising yields

The Nasdaq slumped Wednesday to remain on course for its worst day of losses since February amid pressure from rising Treasury yields and Alphabet-led weakness in tech following disappointing quarterly […]

October 3, 2023

Dow sheds nearly 500 points as yields jump. S&P, Nasdaq also tumble.

The S&P 500 fell Tuesday as data showing surprise strength in the labor market, stoked further concerns about higher Federal Reserve interest rates, pushing Treasury yields to the highest levels […]

October 2, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: More room for correction in October

The S&P 500 (SPX) recorded the fourth consecutive weekly drop candle after falling 0.7% last week. The index printed the lowest level since the end of May as stocks responded to another […]

October 2, 2023

Nasdaq rises on boost from growth stocks; Fed comments in focus

By Shubham Batra and Shashwat Chauhan (Reuters) – The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more Federal Reserve officials and economic […]

September 29, 2023

S&P 500, Nasdaq gain as softer PCE data supports rate-pause hopes

By Shashwat Chauhan and Shristi Achar A (Reuters) -The S&P 500 and the Nasdaq rose on Friday after a softer-than-expected reading on a crucial inflation metric kept alive hopes of a pause […]

September 18, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Why did stocks drop on Friday?

The S&P 500 (SPX) lost 0.2% last week following a sentiment reversal on Friday, when the index dropped 1.2%. This way, the S&P 500 fell below the short-term supporting trend line, which […]

September 15, 2023

Nasdaq drops over 1% as chipmakers, megacap growth stocks slide

By Ankika Biswas and Shristi Achar A (Reuters) -The Nasdaq fell more than 1% on Friday to lead declines in Wall Street’s main indexes as chipmakers fell on concerns over […]

September 15, 2023

Bitcoin’s Correlation With Nasdaq 100 Strengthens Amid Tech Rally

The largest digital currency, Bitcoin, has begun to move in sync with the surging Nasdaq 100 Index, a key tech benchmark that has rallied over 40% this year due to the excitement […]

September 11, 2023

Dow Jones, Nasdaq, S&P 500 weekly preview: Goldman sees ‘a choppy path for equities’ in near term

(SPX) fell 1.3% last week after previously recording two consecutive weekly green candles. Nasdaq Composite Index (IXIC) dropped nearly 2% as investors were adding value amid fears that the Federal Reserve will […]

August 11, 2023

Dow up, S&P 500 flat and Nasdaq heading for first back-to-back weekly loss of year

‘There’s a growing realization that we have no revenue growth,’ says Schwab’s Liz Ann Sounders. The Dow Jones Industrial Average was clinging to a modest gain Friday, while the S&P […]

August 11, 2023

S&P 500, Nasdaq fall as megacaps slide after producer prices data

By Bansari Mayur Kamdar and Johann M Cherian (Reuters) – The S&P 500 and Nasdaq fell on Friday as rate-sensitive megacap growth stocks declined after hotter-than-expected producer prices data for July sent […]