Market Summary Archives - Page 5 of 11

2 minute read

Stocks Hold Steady On Mixed Fed Remarks, First Solar Rallies, Bitcoin Falls Below $70,000: What’s Driving Markets Tuesday?

May 21, 12:42 PM

It’s a rather quiet session on Tuesday, with major U.S. averages trading around the flatline at midday trading in New York.

ALVO

2 minute read

3 Stocks To Watch As Copper Surges To Record Highs: ‘Something Is Cooking In China’

By Piero Cingari

May 21, 11:12 AM

Copper prices reaching record highs due to demand from electrification and strategic stockpiling by China. Top stock picks include ANFGF, FCX, and TECK.

ANFGF

2 minute read

Cannabis Stocks Under $2: Why Are These Small-Cap Shares Up While Broader Sector Is In The Red?

By Nicolas Jose Rodriguez

May 20, 4:44 PM

Four lesser-valued cannabis stocks showed positive performance on Monday, defying the broader sector's downtrend. These stocks—Medical Marijuana Inc., TILT Holdings, Trees Corp., and Village Farms International —present potential investment opportunities.

ACB

2 minute read

Stocks, Gold Reach New Record Highs, Cruise Stocks Rally, GameStop Sinks: What’s Driving Markets Monday?

By Piero Cingari

May 20, 1:34 PM

Wall Street rallies on Monday as major US indices reach fresh record highs. Metal commodities surge, Treasury yields stay stable. Cruise stocks soar.

CCL

2 minute read

Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market

By Piero Cingari

May 17, 4:07 PM

Major market indexes reached record highs for the fourth week in a row, fueled by inflation data and expectations for interest rate cuts. Meme stocks resurged, while Buffett bought Chubb and Dimon warned about fiscal deficit.

AMC

3 minute read

Finally, Tax Refunds! These Cannabis Companies Will Get The Most Money Back If Rescheduling Happens

By Nicolas Jose Rodriguez

May 16, 5:43 PM

Significant tax benefits are anticipated for the cannabis industry, following President Joe Biden's confirmation of the administration's intent to reschedule cannabis from Schedule I to Schedule III.

CURLF

2 minute read

Major Indexes Close In The Red, Dow Falls Below 40,000 As Investors Make U-Turn On Economic Outlook

By Piero Cingari

May 16, 4:49 PM

Dow Jones closes 0.1% lower; S&P 500 & Nasdaq 100 fall 0.2%; Mixed data on inflation, jobless claims and housing.

ASTS

2 minute read

Dow Jones Hits 40,000, Chinese Tech Stocks Jump To 15-Month Highs, Bloodbath On Meme Stocks: What’s Driving Markets Thursday?

By Piero Cingari

May 16, 1:44 PM

U.S. major stock indices climbed higher on Thursday morning, with the Dow Jones Industrial Average achieving a historic milestone by surpassing 40,000 points.

AMAT

2 minute read

US Inflation Data Prematurely Released By Accident, Yet Traders Missed Golden Opportunity

By Piero Cingari

May 16, 9:26 AM

The U.S. Bureau of Labor Statistics accidentally released critical inflation data for April 30 minutes early on Wednesday.

BLK

1 minute read

S&P 500, Nasdaq 100, Dow Jones Shatter Record Highs In Unstoppable Bull Market Rally

By Piero Cingari

May 15, 4:18 PM

The S&P 500, Nasdaq 100 and Dow Jones Industrial Average indices all shattered fresh all-time highs Wednesday, driven by a benign inflation report that boosted risk sentiment among bullish investors.

AMGN