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Nasdaq 100 Reaches Record Highs, Service Sector Strength Alleviates Economic Slowdown Concerns, Magnificent 7 Hits $15 Trillion Valuation: What’s Driving Markets Wednesday?

By Piero Cingari
June 5, 1:43 PM
Wall Street rallied Wednesday as the services activity gauge indicated a stronger-than-expected expansion in May, pushing back fears of an economic slowdown which surfaced in recent days.

AMC

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Stocks Dip Even With Traders Hopeful For September Rate Cut; Bonds Extend Rally, Oil Plummets: What’s Driving Markets Tuesday?

By Piero Cingari
June 4, 1:00 PM
Growth concerns dragged stocks lower on Tuesday, with all major indices trading in the red as investors took a cautious tone on riskier assets.

BBWI

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Bond Market Rallies As Recession Worries Mount, Rate Cut Bets Gain Steam Ahead Of Jobs Data

By Piero Cingari
June 4, 12:19 PM
Long-term U.S. Treasuries rally on soft economic data, leading to expectations of Fed rate cut in Sept. Popular TLT ETF breaks key downtrend & 50-day MA, while other bond ETFs see even higher gains.

TLT

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3 minute read

Cannabis Slowdown In Canada: Analyst Spotlights What Still Sells And Where The Money Is Going

By Nicolas Jose Rodriguez
June 3, 5:00 PM
In a recent report, Pablo Zuanic of Zuanic & Associates analyzed trends in Canada's recreational cannabis market through May 2024. The report highlights a deceleration in market growth and notable shifts in sales dynamics among leading licensed producers (LPs).

ACB

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2 minute read

VIX Spikes 8% As Stocks Sink; Bonds, Gold Rise On Growth Concerns; Meme Stocks Roar, Peso Plummets: What’s Driving Markets Monday?

By Piero Cingari
June 3, 1:32 PM
All major U.S. equity indices opened the week with losses, as traders shifted to safe-haven bonds and gold amid concerns affecting the health of the U.S. manufacturing activity.

AMC

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Tech Stocks Crumble As Wall Street’s 5-Week Rally Ends; Bonds Offer Safe Haven As Growth Worries Reemerge: What’s Driving Markets Friday?

By Piero Cingari
May 31, 1:44 PM
Bears knocked on Wall Street’s door again Friday, sending large-cap tech stocks lower despite the Fed’s favorite inflation measure meeting expectations.

BTC