Market downside risk has reduced, says Nomura U.S. equities are bouncing back after last week’s sell-off, according to Nomura. Macro hedge funds buying into the pullback has helped power the recent rebound; without them, the market would likely have remained soft throughout, said analyst Yoshitaka Suda. “We think the downside …
Wall Street ended a strong first half of the year on a somewhat sour note, with all three major U.S. stock averages closing lower Friday after a higher open. The Nasdaq inched up 0.24% for the week as tech bounced back. Meanwhile, the S & P 500 and the Dow …
My top 10 things to watch Friday, June 28 The S & P 500 and Nasdaq are on track for their fourth-straight session of gains Friday after the Federal Reserve’s preferred inflation gauge showed that inflation cooled in May. Entering the final trading day of the second quarter, the S …
Wall Street advanced during this holiday-shortened trading week, with the S & P 500 and Nasdaq both reaching new all-time highs in the first half of the week before pulling back some. The S & P 500 and Nasdaq were able to finish the week slightly higher. The Dow , …
My top 10 things to watch Thursday, June 13 Wall Street was largely higher Thursday after another cooler inflation report . Before the open, an unexpected producer price index drop in May followed Wednesday’s unchanged consumer price index. The S & P 500 and Nasdaq rallied to record highs on …
My top 10 things to watch Wednesday, June 12 Stocks jumped after the May consumer price index came in cooler than Wall Street expected. Bonds yields fell after CPI, with the yield on the Fed-sensitive 2-year Treasury reaching its lowest level since April 5. The Dow , the S & …
Despite a late-session surge Friday, all three major U.S. stock indexes ended the holiday-shortened trading week in the red, putting an end to the Nasdaq Composite and S & P 500 ‘s five-week winning streaks. The Dow Jones Industrial Average fell for the second straight week. The declines came as …
Stocks end the day mixed Here is how the major indexes closed on Tuesday: — Pia Singh Chinese tech stock rally reverses course on Tuesday The rally for stocks tied to China stumbled on Tuesday, with several of the country’s top tech names under pressure. Shares of JD.com slipped 1.8%, …
As investors say farewell to a week marked by a Federal Reserve meeting, surprise labor market data and the latest corporate earnings, they’re left trying to figure out what it all means for a stock market that’s still deciding where it wants to go. All three of the major market …
My top 10 things to watch Thursday, May 2 The S & P 500 and Nasdaq are higher Thursday, one day after they surrendered their post-Federal Reserve meeting gains and closed modestly lower. After leaving interest rates unchanged, Fed chief Jerome Powell essentially ruled out a hike as central bankers’ …