Despite upbeat economic data, stocks faced resistance due to disappointing corporate performance and persistent banking fears. In April, wholesale prices in the US rose 0.2% for the month,...
Investor attention this week turns to April’s consumer price index out Wednesday, followed by the producer price index on Thursday. Financial markets are hoping that it continues to remain subdued....
The recent dip in the Dow Jones Industrial Average amid concerns over banking issues does not necessarily foreshadow a significant drop below multi-year lows. The volatility in the banking sector...
Wall Street is gearing up for the Federal Reserve's policy-setting committee meeting this week, with a decision on whether to raise the benchmark Fed funds rate expected to be released on Wednesday.
Investors should be cautious about over-enthusiasm regarding the latest tech earnings, as a dovish Federal Reserve may not necessarily result in higher stocks prices. The correlation between the...
The stock market faced a dip recently, spurred by a mixed bag of corporate earnings and concerning economic data, including signs of a contracting economy. Disappointing results from companies like...
Corporate earnings got off to a positive start, as banking giants Wells Fargo and JPMorgan Chase beat expectations. Still, discouraging retail sales data showing a slowdown in consumer spending by 1%...
US stocks fell Friday but notched a positive week as investors assessed a weak retail sales report that dented enthusiasm around a stronger-than-expected start to corporate earnings.
The recent weakening of the labour market data has contributed to market volatility. However, the robust March jobs report, which reflected a growing economy and moderate inflation, provided some...
The most notable fact about the trading action this week is how quiet it has been compared to the previous two weeks. Well, it is not that bad. The CBOE Volatility Index, which began on March 19 and...
Financial market volatility is expected to persist next week as risk asset momentum slows and a major jobs report looms.
Tech stocks are in for a brutal reversal lower if yields decline further, and that may happen as the Fed officials seem to have no chance to act hawkish in the coming weeks, at least given the...
The recent crisis in the banking sector, from SVB to Credit Suisse, has raised concerns and highlighted the need for central banks to be cautious about hiking rates. If the Fed takes a more cautious...
Even with the apparent rescue of Credit Suisse, markets face a nervous few days waiting for what the Fed makes of all this. Stocks market is facing another test. A risk-off sentiment with another...
US stock futures rallied more than 1%, and the dollar slid versus major peers Monday as traders digested the steps taken by regulators to shore up the American financial sector in the wake of Silicon...
US regulators have implemented a plan to protect depositors of Silicon Valley Bank and Signature Bank in New York, which were on the brink of collapse due to systemic contagion fears. The move is...
The future of artificial intelligence is looking very promising, with an estimated $6 trillion revenue opportunity within the internet industry. The AI market is expected to grow at a rapid pace,...
This week, investors are eagerly anticipating the release of the key nonfarm payrolls report, which will provide insight into whether January's strong employment numbers were an anomaly or the start...
The initial optimism surrounding the US economy and inflation has dwindled, causing the early 2023 rally for stocks to lose momentum. On Friday, the market faced renewed pressure after personal...
The Nasdaq index has experienced a significant decline this month, prompting the question of whether buy-dip flows will arrive soon. However, this is unlikely, as rising bond yields have yet to...
