US Stocks
US Stocks Slide Amid Economic Resilience and Tech Earnings Concerns | Daily Market Analysis
Key events: USA - Core PCE Price Index (MoM) (Sep) USA - Core PCE Price Index (YoY) (Sep) Eurozone - EU Leaders Summit US stocks experienced a significant decline on Thursday, primarily driven by a drop in tech and tech-related large-cap stocks. This downturn was in response to a mix of quarterly earnings reports and indications of economic resilience, which could potentially lead the Federal Reserve to maintain higher interest rates for a longer duration than initially anticipated.
Mixed Market Signals: US Stock Futures Stabilize, Forex Rates Range-Bound, Gold Edges Up Slightly | Daily Market Analysis
Key events: UK - CPI (YoY) (Aug) USA - Crude Oil Inventories USA - FOMC Economic Projections USA - FOMC Statement USA - Fed Interest Rate Decision USA - FOMC Press Conference During Tuesday's evening trading, US stock futures remained in a narrow range, following a negative session for major benchmark averages as bond yields continued to rise in anticipation of the Federal Reserve's imminent interest rate decision.
Strong Retail Sales Boost US Stocks While ECB Takes Historic Rate Action | Daily Market Analysis
Key events: USA - Export Price Index (MoM) (Aug) USA - Import Price Index (MoM) (Aug) USA - NY Empire State Manufacturing Index (Sep) USA - Industrial Production (MoM) (Aug) USA - Michigan Consumer Sentiment (Sep) On Thursday, US stocks surged as robust retail sales figures defied expectations of a weaker economy, despite a hotter-than-anticipated inflation report.
Wall Street Slumps as Dow Leads Decline Amidst Rising Yields and Oil Prices, Fed Rate Actions in Focus | Daily Market Analysis
Key events: USA - S&P Global Services PMI (Aug) USA - ISM Non-Manufacturing PMI (Aug) USA - ISM Non-Manufacturing Prices (Aug) Canada - BoC Interest Rate Decision On Tuesday, Wall Street's primary stock indices closed in negative territory, with the Dow leading the decline. This was driven by rising Treasury yields and oil prices, while investors were assessing the Federal Reserve's future interest rate actions.
US Stocks Rise on Rate Hike Speculation and Debt Ceiling Relief; Nasdaq Hits 13-Month High, Gold Declines | Daily Market Analysis
Key events: UK - Composite PMI (May) UK - Services PMI (May) USA - Services PMI (May) USA - ISM Non-Manufacturing PMI (May) US stocks ended the week on a positive note as investors reacted to several key developments. A labor market report revealing slower wage growth in May suggested that the Federal Reserve might delay a potential interest rate hike in the coming weeks. Additionally, a deal in Washington to avert a disastrous debt default was well-received by market participants.
US Stocks Fall Amid Debt Ceiling Concerns and Inflation Data | Daily Market Analysis
Key events: USA - Core CPI (MoM) (Apr) USA - CPI (MoM) (Apr) USA - CPI (YoY) (Apr) USA - Crude Oil Inventories S&P 500 daily chart