Tech Stocks Tumble as Rising Yields Spark Inflation Fears, Market Seesaws in Response
Key events: USA - ADP Nonfarm Employment Change (Dec) USA - Initial Jobless Claims USA - Crude Oil Inventories USA - 30-Year Bond Auction USA - FOMC Meeting Minutes The S&P 500 ended significantly lower on Tuesday, dragged down by tech stocks as rising Treasury yields sparked fresh concerns over persistent inflation. This dampened expectations for additional Federal Reserve rate cuts.
Tech Stocks Stumble Amid Rising Yields, Currency Trends in Focus | Daily Market Analysis
Key events: USA - Chicago PMI (Dec) The S&P 500 managed to end the week on a positive note despite a dip on Friday, as technology stocks led the decline under pressure from rising Treasury yields. On Friday, the S&P 500 dropped 1%, the NASDAQ Composite fell 1.5%, and the Dow Jones Industrial Average declined 0.8%, losing 325 points overall.
S&P 500 Slides as Nvidia and Global Economic Risks Weigh Heavy | Daily Market Analysis
Key events: Australia - RBA Interest Rate Decision (Dec) The S&P 500 experienced a downturn on Monday as technology stocks, led by Nvidia, came under pressure just ahead of significant inflation data set for release this week. The Dow Jones Industrial Average fell by 240 points, or 0.5%, while the S&P 500 dropped 0.6%, and the Nasdaq Composite also declined by 0.6%.
Markets Rally as Cyclical Stocks Shine While Tech Falters Amid Regulatory Pressures | Daily Market Analysis
Key events: USA - Michigan Consumer Sentiment (Nov) USA - S&P Global US Manufacturing PMI (Nov) USA - S&P Global Services PMI (Nov) The S&P 500 ended Thursday on a positive note, with gains driven by cyclical sectors such as financials and industrials, while technology stocks lagged behind. Alphabet (NASDAQ: GOOGL) faced a sharp decline on regulatory concerns, weighing on the tech-heavy Nasdaq, which edged up just 0.04%. The Dow Jones Industrial Average climbed 461 points, or 1.1%, while the S&P 500 rose 0.5%.
Market Movements Amid Key Earnings, Central Bank Outlooks, and Geopolitical Risks | Daily Market Analysis
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Global Markets React to Easing Geopolitical Tensions and Central Bank Moves | Daily Market Analysis
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Rising Treasury Yields Pressure US Stocks as Nvidia’s Surge Limits Losses; Market Eyes Tech Earnings and Fed Rate Outlook | Daily Market Analysis
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Tech Stocks Lead Market Rally as Nvidia Soars, GBP and Gold Struggle Amid Dollar Strength | Daily Market Analysis
Key events: USA - Crude Oil Inventories USA - 10-Year Note Auction USA - FOMC Meeting Minutes The stock market closed on a strong note, with tech stocks driving gains, notably led by Nvidia, as the third-quarter earnings season got underway. The Dow Jones Industrial Average climbed 126 points, or 0.3%, while the S&P 500 saw a rise of 1%, and the NASDAQ Composite surged by 1.4%.
Investor Caution Dominates Markets Ahead of Inflation and Fed Announcements | Daily Market Analysis
Key events: Switzerland - SNB Interest Rate Decision (Q3) USA - Durable Goods Orders (MoM) (Aug) USA - GDP (QoQ) (Q2) USA - Initial Jobless Claims USA - Fed Chair Powell Speaks The S&P 500 dipped on Wednesday as investors took a breather from the recent rally, awaiting key economic catalysts such as important inflation data expected later this week.
Tech Surge Leads S&P 500 and Dow Jones to Record Highs as Nvidia Soars, Gold Rally Pauses | Daily Market Analysis
Key events: USA - New Home Sales (Aug) USA - Crude Oil Inventories On Tuesday, the S&P 500 and Dow Jones both closed at record highs, brushing off consumer concerns about the economy as Nvidia powered a surge in tech stocks. The S&P 500 rose 0.3%, closing at a new high of 5,735.66, while the NASDAQ Composite increased by 0.6%. The Dow Jones Industrial Average added 83 points, or 0.2%, reaching a record close at 42,208.22.
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