Market Volatility Rises as Tech Stocks Slump Ahead of Key Earnings | Daily Market Analysis
Key events: Eurozone - ECB's Schnabel Speaks UK - BoE MPC Member Pill Speaks USA - CB Consumer Confidence (Feb) The S&P 500 slid on Monday, weighed down by a sell-off in tech stocks, with Nvidia leading the decline ahead of its earnings report later this week. The Nasdaq Composite dropped 1.2%, while the S&P 500 fell 0.5%. Meanwhile, the Dow Jones Industrial Average managed to inch up by 33 points, or 0.1%, as defensive sectors offered some support.
Dow's Record Run Stumbles Near 40,000 Milestone Amid Treasury Yields and Walmart Surge | Daily Market Analysis
Key events: Eurozone - ECB's De Guindos Speaks UK - BoE MPC Member Mann Speaks Eurozone - CPI (YoY) (Apr) USA - Fed Kashkari Speaks USA - Fed Waller Speaks USA - FOMC Member Daly Speaks Thursday marked a reversal for the Dow, halting a two-day winning streak, even as it briefly surpassed the historic 40,000 milestone for the first time, amidst considerations of a resurgence in Treasury yields and Walmart's rally.
Record S&P Close, Bitcoin Milestone, and RBA Decision Preview | Daily Market Analysis
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Stocks Dip on Walmart Woes, Alibaba Stumbles, and Gold Surges Amid Economic Uncertainty | Daily Market Analysis
Key events: Eurozone - CPI (YoY) (Oct) USA - Building Permits (Oct) On Thursday, US stocks experienced a decline, driven by a downturn in Walmart and concerns about the economy amidst a series of economic data that mostly fell below expectations. The Dow Jones Industrial Average saw a decrease of 143 points, or 0.2%, with the S&P 500 and NASDAQ Composite both down 0.1%.
Dow Ends Higher Amid Disney Boost Despite Treasury Yield Pressure; Inflation Data Points to Fed Comfort | Daily Market Analysis
Key events: UK - GDP (YoY) (Q2) UK - GDP (MoM) (Jun) UK - GDP (QoQ) (Q2) USA - PPI (MoM) (Jul) The Dow Jones Industrial Average concluded with gains on Thursday, buoyed by a surge in Disney shares that helped recover much of its earlier losses, even as climbing Treasury yields cast a shadow over market sentiment. This occurred alongside the release of data indicating further signs of abating inflation.