Despite the Federal Reserve's intention to convey a message of anticipated interest rate increases, the market responded with scepticism. Following the FOMC meeting in June, stocks turned bullish as...
US stocks continue to ride high after a strong May jobs report and the Congress passing a debt ceiling bill. However, investors are wary of the narrowness of the rally, with some shifting towards...
The release of crucial economic data, including nonfarm payrolls, the unemployment rate, and hourly wages, will shed light on the Federal Reserve's dilemma as it approaches the June policy meeting....
The Nasdaq Composite experienced a notable surge following Nvidia's strong sales forecast, fueled by the increasing demand for artificial intelligence technology. Nvidia's stock soared by 25%,...
Investors have been seeking confirmation that debt-ceiling negotiations are progressing positively following President Biden's optimistic remarks to avoid a default. The sentiment was boosted as...
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,...
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...
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...
