Stocks Pick of The Week - Stocks Steady as Analysts Eye Potential Year-End Rally
After a rocky start to October, Wall Street is uncertain about near-term catalysts for stocks. Despite tensions in the Middle East driving the biggest oil price rally since March 2023, the major...
Market Shifts: Rising Treasury Yields, Silver Surge, and Mixed Sentiments on Bitcoin and Oil
Despite the Federal Reserve's recent half-point interest rate cut, Treasury yields—particularly the 10-year notes—have risen, signalling potential concerns. Market professionals attribute this to...
Stocks Pick of The Week - Market Highs Soar Amid Economic Optimism and Corporate Shifts
"Semantic satiation" describes how repetition can make a word lose its meaning—yet the phrase "all-time high" remains fresh in markets. On Thursday, the S&P 500 hit a new high of 5,745, rising 0.4%....
Fed rate cut ignites market rally with record S&P 500 highs, soaring gold, and rising oil
Bank of America reassured investors that concerns about the market rallying too much before the recent Federal Reserve rate cut are unfounded. Following the Fed's first interest rate cut in years,...
Stocks Pick of The Week - Market Hits Record Highs as Volatility and Key Shifts Loom
This week could be pivotal in determining if stocks can maintain their momentum after hitting an all-time high. The Dow topped 42,000 and the S&P 500 broke 5,700 after the Federal Reserve's...
Fed's First Rate Cut in 2 Years Sparks Market Moves
The Federal Reserve is expected to make its first interest rate cut since it began raising rates in March 2022, with the current rate between 5.25% and 5.5%. Investors hope the cut will help...
Stocks Pick of The Week - Stocks Rise on Fed Hopes, While Boeing, Tesla, and Moderna Face Challenges
Stocks rose on Friday, with the S&P 500 and Nasdaq Composite posting their strongest week of 2024. The S&P 500 rose 4%, the Nasdaq Composite gained 5.9% for the week, and the Dow increased by 2.6%....
Market Jitters: August Jobs Data Fuels Speculation on Fed's Next Move as Bitcoin, Oil, and Gold Face Pressure
The August nonfarm payrolls report showed only 144,000 new jobs, which has largely confirmed that the Federal Reserve will cut interest rates this month, but it's unclear by how much. Markets had...
Stocks Pick of The Week - Tech Stocks Dip and Boeing Faces Setbacks – What’s Next for the Markets?
The Dow Jones, S&P 500 and Nasdaq all had a losing week, down over 3%, 4% and 6% respectively. Analysts suggest that while a hard economic landing is unlikely, economic growth could slow...
