December 7, 2023 Stocks could be in ‘panic’ mode in 2024, warns JPMorgan JPMorgan analysts offered fresh comments about the outlook for financial markets for the next year. The famous strategists anticipate “another challenging year for market participants.” JPMorgan economists anticipate a softening […]
December 4, 2023 Analysts who correctly predicted 2023 rally give their S&P 500 forecast for next year The S&P 500 is having an incredible year. The benchmark U.S. stock market index is up 19.7% on the year as bulls test the resistance around 4600. For Stifel’s analysts, […]
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 […]
December 3, 2023 Top 5 things to watch in markets in the week ahead Investing.com — Friday’s nonfarm payrolls report for November will be in focus this week as investors try to assess whether the U.S. economy is remaining resilient in the face of […]
December 1, 2023 US stocks mixed; Powell speech eyed for rates guidance U.S. stocks traded in a muted fashion Friday, as investors took a breath after a stellar November, ahead of comments from Fed Chair Jerome Powell. By 09:45 ET (14:45 GMT), […]
December 1, 2023 Santa will continue to deliver – Stock Trader’s Almanac November was a breathtaking month for stocks, with the S&P 500 surging 9% led by Information Technology. It was the fourth-best monthly gain on the S&P going back to 1950. Given the […]
November 30, 2023 JPMorgan sees 8% downside risk for S&P 500 next year JPMorgan Chase equity strategists continue to stand apart with a notably pessimistic outlook amid a wave of Wall Street strategists forecasting all-time highs for U.S. stocks in the coming year. […]
November 30, 2023 US stocks mixed after key PCE inflation data; DJIA soars over 200 points U.S. stock futures traded in a mixed fashion Thursday, as a largely positive month comes to a close with investors digesting the release of the latest important inflation data. By […]
November 29, 2023 US stocks trade higher; US GDP impresses, Fed’s Waller flags future rate cuts U.S. stocks rose Wednesday, after dovish comments from a top Federal Reserve official raised expectations that the U.S. central bank has ended its rate-hiking cycle. By 09:35 ET (14:35 GMT), […]
November 28, 2023 Dollar drops to 3-month low, heading for biggest monthly fall in a year By Gertrude Chavez-Dreyfuss and Alun John NEW YORK/LONDON (Reuters) -The U.S. dollar sank to a three-month low on Tuesday, as investors continued to take the view that growth in the […]
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 26, 2023 Top 5 things to watch in markets in the week ahead With investors on tenterhooks over when global interest rates might start to fall, upcoming inflation data this week will be in focus. OPEC+ meets to discuss oil output cuts and […]
November 22, 2023 US stocks rise on falling yields; crude slumps after OPEC+ postpones meeting U.S. stocks edged higher Wednesday, helped by Treasury yields falling to their lowest levels in two months. By 09:35 ET (14:35 GMT), the Dow Jones Industrial Average rose 130 points, or 0.4%, […]
November 20, 2023 5 things to know before the stock market opens Monday Stocks enter the Thanksgiving holiday-shortened trading week on a three-week winning streak. Sam Altman, fired Friday by OpenAI, will join Microsoft to lead an advanced AI team. Black Friday deals […]
November 19, 2023 Top 5 things to watch in markets in the week ahead In the holiday-shortened week ahead investors will be looking to the minutes of the Federal Reserve’s latest meeting for any fresh insights on the future path of interest rates. Retailers […]
November 17, 2023 Bank of America is telling clients to fade S&P 500 rally above 4550 Global stock funds have witnessed substantial inflows, attracting $23.5 billion in the week ending November 15, marking the second-largest inflow of the year, according to Bank of America’s note referencing […]
November 17, 2023 U.S. stocks were falling, but on pace for another weekly gain on rate hopes U.S. stocks were falling early Friday after earnings reports from major retailers beat expectations but set a cautious tone heading into holiday sales season. At 09:42 ET (13:42 GMT), the Dow […]
November 16, 2023 U.S. stocks retreat after Walmart warns about consumer spending pressures U.S. stocks were falling, stalling their recent rally as investors worry about Walmart’s outlook on consumer spending heading into the holiday shopping season. At 09:44 ET (14:44 GMT), the Dow Jones […]
November 15, 2023 U.S. stocks jump after optimistic inflation report; Target beats Street U.S. stocks were rising after another set of optimistic data showing inflation is cooling as major retailer Target beat expectations. At 11:03 ET (16:03 GMT), the Dow Jones Industrial Average was up 163 points […]
November 15, 2023 Futures inch higher, Target to report – what’s moving markets U.S. stock futures inch up on Wednesday, after the main indices on Wall Street soared in the prior session on optimism that slower-than-projected inflation data may lead the Federal Reserve […]
November 14, 2023 Wall St rallies as cooling inflation boosts peak rate bets By Sruthi Shankar and Amruta Khandekar (Reuters) – Wall Street’s main stock indexes climbed on Tuesday as cooler-than-expected inflation data boosted expectations that the Federal Reserve was done raising interest […]
November 14, 2023 U.S. stocks surge after better than expected inflation stokes rate hopes U.S. stocks surged on Tuesday after data showed that inflation cooled more than expected in October, offering support to the view that the Federal Reserve may be closing to ending […]
November 13, 2023 U.S. stocks are wobbling to start week as Moody’s move weighs on sentiment U.S. stocks were wobbling to start the week on Monday, after Moody’s Investors Service late Friday raised doubts about the U.S.’s credit outlook, citing political polarization and federal spending. At […]
November 13, 2023 5 things to know before the stock market opens Monday Traders hope U.S. stocks will sustain a winning streak after Moody’s cut its U.S. credit outlook. Congress is trying to prevent a government shutdown before the end of the week. […]
November 12, 2023 Energy & precious metals – weekly review and outlook This isn’t how the Saudis imagined it would be. There’s also no certainty after this that it’ll play out the way they want it to be. We’re talking, of course, […]
November 12, 2023 Top 5 things to watch in markets in the week ahead In the coming week U.S. inflation data will be closely watched, along with comments from several Federal Reserve officials, which will help investors shape their views on the future path […]
November 11, 2023 Stock Market Today: Dow in 2nd weekly win as tech stocks fuel major rebound The Dow rallied to notch second-straight weekly win Friday as big tech led a rebound in stocks following a wobble a day earlier when Fed chair Jerome Powell’s reminder that rate […]
November 10, 2023 Powell revives hike fears, says Fed not confident rates sufficiently restrictive Federal Reserve Chairman Jerome Powell said Thursday the Fed wasn’t confident yet they had reached a sufficiently restrictive level on monetary policy to bring inflation down to target, suggesting further […]
November 10, 2023 Wall St rebounds as easing Treasury yields boost megacap stocks By Amruta Khandekar and Shristi Achar A (Reuters) -Wall Street’s main indexes gained on Friday as a slide in longer-dated Treasury yields boosted megacap growth stocks, while investors looked forward […]
November 10, 2023 U.S stocks rise, attempting to rebound after Powell’s hawkish comments U.S. stocks are rising, trying to rebound from their first down day in nine after Federal Reserve Chair Jerome Powell said he isn’t ready to declare an end to interest […]
