Econ #s Archives - Page 26 of 61

2 minute read

Stocks Recoup Post-Fed Losses As Traders Challenge Powell, Regional Banks Crack, Gold Rises: What’s Driving Markets Thursday?

February 1, 2:16 PM

Wall Street rebounds after Fed meeting with all major indices up, buoyed by earnings & dovish expectations. Probability for March cut at 41%, speculators increase bets for future cuts. Jobless claims up, manufacturing data beats expectations. S&P 500 & Nasdaq 100 gain 0.8%, regional banks suffer.

CTVA

3 minute read

Manufacturing Sector Tops Estimates In January As New Orders Climb, Prices Rise: Why It’s Bad News For Inflation

By Piero Cingari

February 1, 12:04 PM

US manufacturing sector rebounded in January, with strong new orders but rising costs. Business optimism also high, but supply chain issues remain.

XLB

2 minute read

Nasdaq, S&P 500 Slip Ahead Of Fed Meeting, Regional Banks Sink After NYCB Disappoints: What’s Driving Markets Wednesday?

By Piero Cingari

January 31, 1:45 PM

Nasdaq down 1.4%, S&P 500 down 0.9%, Dow up: Volatile day on Wall Street as tech stocks react to disappointing earnings ahead of Fed meeting.

ADP

2 minute read

Energy Stocks ‘A Hedge Against Things Getting More Out of Control’ In Middle East, Says Veteran Investor

By Piero Cingari

January 30, 5:32 PM

Ed Yardeni suggests owning energy stocks to hedge against oil price shocks due to geopolitical volatility. He also discusses tech sector concentration and Fed's policy dilemma.

XLE

2 minute read

US Stocks Ease Ahead Of Key Tech Earnings, UPS Sinks, General Motors Rallies: What’s Driving Markets Tuesday?

By Piero Cingari

January 30, 2:31 PM

Traders cautious ahead of tech earnings & FOMC meeting. S&P 500 & Nasdaq 100 down, Dow slightly up. Dollar & Treasury steady. JOLTS & home price data positive. UPS falls 7%, GM up 8%, Danaher up 3.5%, MSCI up 10%, Lucid up 10%, Schlumberger down 8%.

AMD

2 minute read

Institutional Investors Flee Stocks At Second-Highest Pace Since 2008 Despite Market Boom: Where Is Their Money Going?

By Piero Cingari

January 30, 1:13 PM

Bank of America reported large outflows from single stocks by institutional investors, primarily in tech, discretionary, and staples sectors.

SPY

2 minute read

UPS Slashes 12,000 Jobs In Cost-Cutting Move, Shares Plunge

By Piero Cingari

January 30, 12:34 PM

UPS shares drop significantly after disappointing financial report, leading to 12k job cuts in response to rising costs and declining sales. 2024 projections also indicate struggles due to market pressures.

UPS

2 minute read

US Stocks Rise At Week’s Start, Tesla Rebounds, SoFi, Lucid Shine: What’s Driving Markets Monday?

By Piero Cingari

January 29, 2:57 PM

Wall Street witnessed slight gains at midday on Monday, with investors eagerly awaiting a series of critical earnings reports, the Federal Reserve’s meeting on Wednesday and the much-anticipated job market report this Friday.

AAPL

3 minute read

Evergrande Liquidation’s ‘Snowball Effect’: What’s Next For China’s Troubled Real Estate Sector?

By Piero Cingari

January 29, 10:18 AM

Hong Kong court orders liquidation of China Evergrande, biggest real estate developer, sending shockwaves through financial community.

BABA

2 minute read

Stock Market Hits Record Highs, Tesla Tumbles, Netflix Soars: This Week In The Markets

By Piero Cingari

January 26, 5:23 PM

Record highs for U.S. stock market indices fueled by AI investments and Fed rate cut hopes. Netflix soars, Tesla struggles, and Microsoft hits $3 trillion.

BABA