Market Summary Archives - Page 3 of 11

4 minute read

Are Rate Cuts Imminent After Fed’s Preferred Inflation Data Holds Steady? ‘Be-Careful-What-You-Wish-For Moment’

May 31, 11:05 AM

Slowing consumer spending could lead to lower inflation. And if the Fed "can cut slowly as a result" then that will be good for markets.

SPY

2 minute read

Fed’s Favorite Inflation Data Due Friday: How Could Markets React To Surprises?

By Piero Cingari

May 30, 3:09 PM

The highly anticipated PCE price index, a key measure of inflation, will be released on Friday. Investors await the data, which could impact interest rates and asset prices.

AMZN

3 minute read

Top Ohio Cannabis Companies: Analyst Look At Stocks With Potential Market Cap Gains

By Nicolas Jose Rodriguez

May 30, 3:07 PM

How will Ohio's cannabis market shape up as it transitions to adult-use recreational sales? Senior analyst Pablo Zuanic outlines in his recent report the potential growth and value creation for state multi-state operators (MSOs).

AAWH

2 minute read

Nvidia Is Up 186% From A Year Ago, Yet These 7 Stocks Have More Than Doubled Their Returns Over The AI Chipmaker

By Piero Cingari

May 29, 5:56 PM

NVIDIA Corp. (NASDAQ:NVDA) has been the standout tech stock of the past year, leading the Nasdaq 100 index in the performance ranking.

ANF

3 minute read

Fed Beige Book Shows Modest Economic Expansion Ahead Of Key GDP, Inflation Data Release

By Piero Cingari

May 29, 3:52 PM

The Fed's latest Beige Book shows modest economic expansion, with slight job gains and moderate wage growth. Prices remain stable.

SPY

2 minute read

Volatility Spooks Investors As Treasury Yields, Dollar Climb Ahead Of Key Economic Releases: What’s Driving Markets Wednesday?

By Piero Cingari

May 29, 1:32 PM

Volatility surged back into the market on Wednesday, with the CBOE Volatility Index (VIX) spiking 9% after hitting nearly three-year lows last week, fueled by fresh upticks in Treasury bond yields.

2 minute read

Wall Street Moves From T+2 To T+1 Settlement: How It Could Affect Investments, Trading, Tax Decisions

By Piero Cingari

May 29, 1:12 PM

T+1 settlement system shortens transaction cycle, reducing risk and increasing efficiency. Charles Schwab shares insights on its impact and challenges.

DIA

2 minute read

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

By Piero Cingari

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

2 minute read

Airbnb, Norwegian Cruise See Analyst Upgrades: Are Travel And Leisure Stocks The New Value Heaven?

By Piero Cingari

May 28, 1:17 PM

Value investors are turning to the travel and leisure industry for potential growth and discounted valuations, as travel stocks catch up to the broader market.

ABNB

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