Markets The biggest monthly rise in bond yields since 2016 injected fresh uncertainty into the market, bruising technology stocks and triggering volatility streaks that saw the DJIA swing more than 1,000 points over three days. Things appear to be turning … Continue reading
Markets Stock markets obeying the yield sign Wall Street looks to get its sea legs back at the open today after being whipsawed by interest rates. U.S. stock index futures are mixed, while Treasury yields are easing early following a … Continue reading
Markets Yields, reflation, stimulus, earnings Another market record for 2021 was seen Wednesday as the Dow Jones Industrial Average surged 424 points to a new record close. Rotation players were also happy to see the index as the only major average in … Continue reading
Markets Powell returns to Capitol Hill Reassuring comments from Jerome Powell helped stocks recover on Tuesday following steep losses earlier in the day. The Nasdaq ended the session down 0.5%, after falling as much as 4%, while the Dow staged a massive … Continue reading
Markets Nasdaq set to continue losing streak The tech sector looks poised for another down day, fueled by fears about inflation and rising long-term interest rates. That could lower the present value of future earnings and undercut arguments for elevated … Continue reading
Markets Rising yields While the S&P 500 is coming off its first losing week in three, the market is going into the final week of February with solid gains. The Dow and S&P 500 have already climbed more than 5% this month, … Continue reading
Markets The stock market record highs seem to have fizzled in recent days, with the S&P 500 falling for a third straight day on Thursday. Fears of inflation may be at work amid concerns that if all the stimulus being … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 8:30 Housing Starts and Permits 8:30 Philly Fed Business Outlook 8:30 Import/Export Prices 10:30 EIA Natural Gas Inventory 11:00 EIA Petroleum Inventories 4:30 PM Money Supply 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ ***New: PTG Trading Room Chat Log’s Link 11:00 EIA Petroleum … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Producer Price Index 8:30 Retail Sales 8:55 Redbook Chain Store Sales 9:00 Fed’s Barkin Speech 9:15 Industrial Production 10:00 Fed’s Rosengren Speech 10:00 Business Inventories 10:00 NAHB Housing Market Index 1:00 PM Results of $27B, 20-Year Bond Auction 2:00 PM FOMC Minutes https://www.investing.com/economic-calendar/ ***New: PTG Trading … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Empire State Mfg Survey 2:00 PM Fed’s Daly Speech 4:00 PM Treasury International Capital ***New: PTG Trading Room Chat Log’s Link S&P 500 Prior Session was Cycle Day 1 (CD1): Quiet holiday trade saw price gap up from last week … Continue reading