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Market Volatility Increases Ahead Of Fed Decision; S&P 500 Settles Higher
Tuesday, July 25, 2023 - 5:48am | 392Read More...The S&P 500 closed higher on Monday, while the Dow Jones recorded its longest winning streak in six years. Investors are awaiting earnings reports from Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META) this week. The Fed is widely projected to increase...
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Market Volatility Falls Ahead Of Fed Meeting; S&P 500 Edges Higher
Monday, July 24, 2023 - 6:45am | 315Read More...The S&P 500 closed slightly higher on Friday, while the Dow Jones edged higher to record gains for the 10th straight day. Schlumberger Limited (NYSE: SLB) shares fell 2.2% on Friday after the company reported worse-than-expected second-quarter revenue results. American Express Company (NYSE:...
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Market Volatility Rises Following Tesla, Netflix Earnings Reports; Dow Gains For Ninth Session
Friday, July 21, 2023 - 5:57am | 330Read More...The S&P 500 closed lower on Thursday, following losses in shares of Tesla Inc (NASDAQ: TSLA) and Netflix Inc (NASDAQ: NFLX). However, the Dow notched gains for the ninth straight session. Shares of Tesla dipped 9.7%, notching its biggest single-session percentage decline since April 20, after...
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Market Volatility Increases After Earnings Reports; S&P 500 Closes Higher
Thursday, July 20, 2023 - 5:43am | 344Read More...The S&P 500 closed higher on Wednesday, as investors assessed recent earnings reports. Shares of The Goldman Sachs Group, Inc. (NYSE: GS) gained around 1% after releasing results for its second quarter. After the closing bell, Tesla Inc (NASDAQ: TSLA) reported better-than-expected earnings and...
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Market Volatility Declines Following Strong Bank Earnings; S&P 500 Settles Higher
Wednesday, July 19, 2023 - 5:30am | 389Read More...The S&P 500 closed higher on Tuesday, following solid bank earnings. Bank of America (NYSE: BAC) reported stronger-than-expected quarterly profit, while Morgan Stanley (NYSE: MS) also topped market expectations. Bank of New York Mellon (NYSE: BK) also reported better-than-expected second-...
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Market Volatility Increases Following China Data; S&P 500 Settles Higher
Tuesday, July 18, 2023 - 5:45am | 404Read More...The S&P 500 closed higher on Monday, as investors digested recent economic data from China. The Chinese economy advanced by 6.3% year-over-year during the second quarter, higher than a 4.5% growth in the prior quarter, but missing expectations of 7.3%. Chinese retail sales rose by 3.1% year-...
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Market Volatility Declines; S&P 500 Settles Lower But Posts Weekly Gain
Monday, July 17, 2023 - 5:03am | 339Read More...The S&P 500 closed slightly lower on Friday, but all three major indices recorded strong weekly gains. Investors digested earnings reports from major companies on Friday. UnitedHealth Group Incorporated (NYSE: UNH) shares gained more than 7% on Friday after the company reported better-than-...
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Market Volatility Increases After PPI Data; S&P 500 Settles Higher
Friday, July 14, 2023 - 6:07am | 390Read More...U.S. stocks extended gains on Thursday, with the Nasdaq gaining over 1% for a second session in a row. Producer prices for final demand in the U.S. rose 0.1% month-over-month in June, compared to market expectations of a 0.2% increase. U.S. initial jobless claims, meanwhile, declined by 12,000 from...
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CBOE Volatility Index Drops Sharply After CPI Report; Nasdaq Gains Over 1%
Thursday, July 13, 2023 - 6:00am | 376Read More...U.S. stocks settled higher on Wednesday, with the Nasdaq surging over 1% during the session. The annual inflation rate in the U.S. eased to 3% in June, recording the lowest level since March 2021, versus May’s level of 4% and market expectations of 3.1%. Big banks, including JPMorgan Chase...
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Market Volatility Declines Ahead Of CPI; S&P 500 Gains
Wednesday, July 12, 2023 - 5:42am | 350Read More...The S&P 500 settled higher on Tuesday ahead of key inflation reports and earnings results from major companies this week. U.S. consumer price data will be released on Wednesday, while producer prices report is scheduled for release on Thursday. Big banks, including JPMorgan Chase & Co. (...
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Market Volatility Increases Ahead Of Inflation Reports; S&P 500 Settles Higher
Tuesday, July 11, 2023 - 5:46am | 399Read More...The S&P 500 settled higher on Monday after recording losses last week. The S&P 500 fell around 1.2% last week after US economy added 209,000 jobs in June versus a revised gain of 306,000 jobs in May. The unemployment rate, meanwhile, declined to 3.6% in June from 3.7% in May, in-line with...
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Market Volatility Decreases Following Nonfarm Payrolls Report; S&P 500 Closes Lower
Monday, July 10, 2023 - 5:37am | 339Read More...The S&P 500 settled lower on Friday as investors digested the latest U.S. jobs report. The U.S. economy added 209,000 jobs in June versus a revised gain of 306,000 jobs in May, recording the lowest reading since Dec. 2020. The unemployment rate, meanwhile, declined to 3.6% in June from 3.7% in...
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Market Volatility Increases Sharply Ahead Of Nonfarm Payrolls Data; S&P 500 Settles Lower
Friday, July 7, 2023 - 6:01am | 330Read More...The S&P 500 settled lower on Thursday following the release of latest jobs data. The S&P 500 recorded its biggest daily percentage decline since May 23, while the Dow Jones notched its biggest daily decline since May 2. Private businesses in the U.S. added 497,000 jobs in June, the most...
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Market Volatility Increases After Fed Minutes; S&P 500 Settles Lower
Thursday, July 6, 2023 - 5:58am | 305Read More...The S&P 500 settled lower on Wednesday following minutes from the U.S. Federal Reserve's recent meeting. U.S. factory orders rose 0.3% month-over-month for May, versus market expectations for a 0.8% growth. The Philadelphia SE Semiconductor Index fell around 2.2%, with Intel Corporation (...
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Market Volatility Increases; S&P 500 Settles Slightly Higher
Wednesday, July 5, 2023 - 5:36am | 336Read More...The S&P 500 settled slightly higher on Monday in a holiday-shortened trading session, helped by strength in bank stocks. The S&P 500 banks index gained around 1.5%, with shares of Wells Fargo & Company (NYSE: WFC) gaining 1.7% and Citigroup Inc. (NYSE: C) adding 1.5% on Monday....
















