Newsfeeds Archive - Page 2 of 7

2 minute read

US Stocks Eye Fourth Positive Session Despite Hawkish Fed Remarks; Disney, Palantir Tumble; Treasury Yields Fall: What’s Driving Markets Tuesday?

May 7, 1:18 PM

Wall Street experienced a quiet session during morning trading on Tuesday, influenced by a lack of significant economic data and minimal updates on earnings from major large-cap companies.

AAPL

2 minute read

Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What’s Driving Markets Friday?

By Piero Cingari

May 3, 1:51 PM

A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

AMGN

2 minute read

Shocker Of 2024: Utilities Overtake Tech Sector — 10 Stocks Behind The Shift

By Piero Cingari

May 2, 4:21 PM

Utilities, once the underperformers, have emerged as the surprise winners in S&P 500's first four months. Tech dipped while utilities surged.

AES

2 minute read

Wall Street Inches Up Post Fed; Chipmakers Rebound; Gold, Crude Falter: What’s Driving Market Thursday?

By Piero Cingari

May 2, 1:37 PM

U.S. stock markets surged during Thursday’s midday trading session in New York, with major averages all showing gains.

AAPL

2 minute read

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

By Piero Cingari

April 30, 4:38 PM

Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.

AAUKF

2 minute read

Tech Stocks Rebound As Magnificent 7 Roar On Strong Earnings, Energy Giants Tumble: What’s Driving Markets Friday?

By Piero Cingari

April 26, 1:45 PM

Strong earnings reports from Alphabet Inc. (NASDAQ:GOOGL) and Microsoft Corp. (NASDAQ:MSFT) have restored positive sentiment in the market, sweeping away fears of increasing risks of stagflation that had

ABBV

2 minute read

Treasury Yields Rise, Tesla Jumps On Cheaper Model Pledge, Yen Plummets To 34-Year Lows: What’s Driving Markets Wednesday?

By Piero Cingari

April 24, 1:40 PM

Rising Treasury yields have investors cautious despite positive news from the earnings season. The yield on the long-dated 30-year Treasury bond has surged to 4.79%. It’s on track to close at the highest level since early November, ahead of crucial economic data on Thursday.

2 minute read

Stocks Rally On Weaker PMI Data, Tech Earnings Optimism, Dollar Falls: What’s Driving Markets Tuesday?

By Piero Cingari

April 23, 1:33 PM

Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.

BKR