Financial

Symbol Price Change %Change I:DJI $31,438.26 -62.42 -0.20% SP500 $3,900.11 -11.63 -0.30% I:COMP $11,524.55 -83.07 -0.72% U.S. stocks were edging higher early Tuesday morning after slipping Monday and losing some momentum after rallying last week on easing expectations for the path of the Federal Reserve’s interest-rate increases.  The S&P 500 lost early gains and closed
0 Comments
U.S. stocks wavered Monday as the major indexes struggled to sustain momentum from last week’s rally. The S&P 500 ticked up 0.1% as of 11:20 a.m. ET, and the Dow Jones Industrial Average climbed just above breakeven, with both benchmarks swinging between gains and losses. The Nasdaq Composite edged down about 0.3%. The moves follow
0 Comments
The brutal 2022 for stocks amid rising interest rates and soaring inflation has been particularly rough for technology-based growth stocks, and that could be an opportunity for longer term investors. “Every rally we’ve seen in tech has been met with harder selling in a lower low,” Jefferies Equity Research Analyst Brent Thill told Yahoo Finance
0 Comments
Quick take on the recent move lower in swap rates and treasuries: The path forward for the Fed has remained unchanged. That is: raise rates at each Fed meeting until inflation shows convincing evidence of cooling off Expect 75 basis points in July, and 50-75 in September, November, and December This will see Fed Funds
0 Comments
U.S. stocks climbed Thursday morning as investors weighed fresh unemployment data and braced for Federal Reserve Chair Jerome Powell’s second day of testimony on Capitol Hill. The S&P 500 rose 0.7%, and the Dow Jones Industrial Average added 160 points, or roughly 0.5%. The tech-heavy Nasdaq Composite gained 0.9%. In the previous trading session, all
0 Comments