Econ #s Archives - Page 7 of 61

2 minute read

US Stocks Waver, Nvidia Lifts Chipmaker Boats, GameStop Spikes, Moderna Tumbles: What’s Driving Markets Tuesday?

May 28, 1:47 PM

Wall Street resumed trading after the Memorial Day holiday with a familiar trend, as major chipmaker stocks significantly outperformed the broader market.

ARM

3 minute read

US Home Prices Hit All-Time Highs, Fastest Growth Rate In A Year: ‘We’ve Witnessed Records Repeatedly Break’

By Piero Cingari

May 28, 10:56 AM

US home prices reached a new peak in March 2024, with a 7.4% annual growth rate - the highest since October 2022.

EXPI

2 minute read

Magnificent 7 Becomes ‘The Magnificent One’: Wall Street Guru Hails Single Tech Stock As Market Leader

By Piero Cingari

May 28, 8:52 AM

Wall Street investor Ed Yardeni rebrands the 'Magnificent Seven' as 'Magnificent One', highlighting Nvidia as key driver of market gains.

European Equities Close Higher As Traders Bank On Imminent ECB Rate Cut: What’s Driving Markets Monday?

By Piero Cingari

May 27, 1:55 PM

European equities up, ECB likely to cut rates in June, traders confident. Euro slightly higher. Top performers: RWE, Bayer, VW, Enel, Iberdrola.

ASML

2 minute read

VIX Spikes, Dow Sinks As Inflation Jitters Slaughter Fed Easing Hopes: Traders Now Price In Only One Rate Cut In 2024

By Piero Cingari

May 23, 3:26 PM

Markets down on tech stock surge, VIX fear index rises. Dow down 1.5%, S&P 500 and Nasdaq 100 down 0.9%. Only chipmakers in green due to Nvidia's earnings report.

DIA

2 minute read

Nvidia’s 10% Leap Propels Tech Indexes To Record Highs; Blue Chips, Small Caps Slip: What’s Driving Markets Thursday?

By Piero Cingari

May 23, 1:21 PM

Strong earnings and revenue guidance from Nvidia sparked a tech stock surge, with Nasdaq 100 and S&P 500 hitting record highs.

ASML

2 minute read

Inflation Stresses Retail Traders As Fed Cuts Look Unlikely, Crypto Doubts Increase: Survey

By Piero Cingari

May 23, 12:59 PM

Inflation remains a top concern, according to the Trader Sentiment Survey from Charles Schwab. Is crypto worth the risk?

VNQ

3 minute read

US Business Activity Resurges In May, Largest Rise In 2 Years, But Return To ‘Fed’s 2% Target Still Seems Elusive’

By Piero Cingari

May 23, 11:26 AM

US economy surges but input costs raise concerns about returning to Fed's inflation target. GDP projected to grow 3.6% in Q2. PMIs show expansions in services & manufacturing.

GLD