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Stocks On Shaky Ground As Traders Tread Lightly Ahead of Friday's Jobs Data: What's Driving Markets Thursday?
Thursday, October 5, 2023 - 2:19pm | 1186Read More...Risk aversion returned on Thursday as stocks retraced their gains from Wednesday. Traders are now closely monitoring the eagerly anticipated non-farm payrolls data set to be unveiled by the Bureau of Labor Statistics on Friday. By midday trading in New York, not a single S&P 500 sector...
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S&P 500, Nasdaq Set To Open Lower As Tech, Small-Caps Shudder On High Bond Yields: Analyst Sees Triple Whammy For Corporate Profits
Thursday, September 21, 2023 - 6:57am | 1340Read More...An in-line Federal Reserve decision failed to boost market sentiment, leading to negative signals in index futures on Thursday. Small-cap and tech stocks faced particular weakness, exacerbated by the 10-year Treasury note yield reaching a fresh 16-year high, which could diminish risk appetite,...
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US Stocks Stall Despite Benign PCE Inflation, Down Month Looms: What's Driving Markets Thursday?
Thursday, August 31, 2023 - 1:27pm | 1265Read More...Wall Street was broadly flat in Thursday midday trading in New York, with the S&P 500 Index attempting to mark its fifth consecutive day of gains as an inline PCE inflation report dispelled expectations of an impending Fed rate hike. The core PCE price index, the Fed’s preferred inflation...
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Stocks Trim Gains Following Inflation Data, NVIDIA Faces Worst Week Of 2023: What's Driving Markets Thursday?
Thursday, August 10, 2023 - 1:45pm | 1374Read More...Stocks gave up some of their early morning gains by midday trading, despite investors having earlier cheered another lower-than-expected inflation print, as the market significantly priced in the likelihood of the Fed keeping rates unchanged next month. The consumer price index (CPI)...
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Stocks Mitigate Losses Ahead Of Apple, Amazon Earnings; Treasury Yields Rocket On Debt Frenzy: Thursday's Market Drivers
Thursday, August 3, 2023 - 1:53pm | 1379Read More...Stocks are attempting to stabilize after a volatile session on Wednesday, with the tech sector showing slight signs of recovery while awaiting the quarterly earnings reports of Apple, Inc. (NASDAQ:AAPL) and Amazon Inc. (NASDAQ:AMZN), scheduled to be released after Thursday’s closing bell....
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Nasdaq Soars, Meta Rallies, Dow Flirts With Record Streak and Oil Jumps To $80: What's Driving Markets Thursday?
Thursday, July 27, 2023 - 1:15pm | 1581Read More...Investor risk sentiment soared the day after the Federal Reserve’s interest rate decision, with technology companies leading gains. Meta Platforms, Inc. (NASDAQ:META) rocketed 7% on better-than-expected quarterly earnings, while among the large tech companies, only Microsoft Corp. (...
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Tech Holds Steady, Dow Eyes 10th Straight Session Of Gains: Friday's Market Drivers
Friday, July 21, 2023 - 1:44pm | 1226Read More...U.S. stocks continued to display signs of divergence between the tech sector and the rest of the market on Friday, a trend that had already surfaced during Thursday’s session. Following a substantial sell-off in tech stocks yesterday, the Nasdaq remained relatively flat in midday trading,...
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Tech Stocks Lead Market Upsurge As Inflation And Fed Tightening Fears Diminish: Thursday's Market Movers
Thursday, July 13, 2023 - 1:54pm | 1372Read More...U.S. stocks are on track to post their fourth straight session of gains on Thursday, as lower-than-expected producer inflation reports reinforced market perceptions that pricing pressures have lost their grip on the economy, potentially lessening the Fed’s need to tighten interest rates...
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US Stocks Mixed, Tech Steady, While Dollar Rallies on Hawkish Powell Remarks: What's Driving Markets Thursday
Thursday, June 22, 2023 - 1:56pm | 1389Read More...Stocks are mixed on Thursday on the heels of Wednesday’s negative session as traders assess Jerome Powell‘s remarks before a Senate committee. The Fed chair stuck to the message delivered the day before to the House Financial Services Committee, stating that two further interest rate...










