The U.S jobless claims boost wall street gains and concerns Concerns about supply disruptions deepen oil market losses. Looking back to December, investors are sure that the tightening Montray policy will come to an end the following year. Wall Street main indexes have been scroring wins for the past few weeks. With a bit higher […] More
Wall Street edged higher while the PCE report for November shows a 0.1% slowdown As expected, the inflation readings were set to be released by the Bureau of Economic Analysis at 08:30 AM ET. The readings were expected to show how far this year will go and how likely the beginning of next year will […] More
The S&P 500 and Dow experienced subdued and choppy trading on Friday after comments from New York Federal Reserve President John Williams. After starting this week’s final day trading session in a mixed manner, Wall Street main indexes rallied slightly and edged higher yet at a lower rate. The S&P 500 benchmark rose by 0.05%, […] More
A better than expected retail sales and the lowest mortgage rate level since August lift investors hope for an end to the Fed tightening monetary policy. Finlay It looks like the interest rate series is coming to an end. Investors’ hopes of a monetary policy tightening policy just increased due to better-than-expected retail sales reports […] More
The U.S. nonfarm payroll increased by 199,000 jobs last month, surpassing economists’ expectations of 180,000 roles. Investors’ hopes for an interest rate hike pause increased due to a better-than-expected non-farm payrolls report. Today morning, the U.S. Bureau of Statistics released last month’s non-farm payrolls report. According to market estimation, the numbers were high, both in […] More
Megatech stock outperforms the market, while the market turns its attention to Friday’s crucial labor call monthly report. The tech-heavy Nasdaq marga caps stocks led the gains today and boosted their main net gains by more than 1%. Unlike the S&P 500 benchmark and the Dao Joneses, the Nasadq composite jumped by 1.12% while the […] More
Wall Street indices show positive gains as hopes for pausing the tightening cycle rise. The strong gains last month in Wall Street were due to the rising hopes that U.S. monetary policymakers will stop the tightening cycle for good. This hope, however, might change this month if the Fed decides to walk on the opposite […] More
Here is what’s moving the market: OPEC Considers Cuts, UAE Plans Rise; Mixed Markets on PCE Data Saudi Arabia and its lies to OPEC might initiate another 1 million barrels per day of production cuts. Most of the oil cartel members support further oil production cuts, while Nigeria and Angola resist quota downgrades. In the […] More
Black Friday Boosts Market Resilience Despite Economic Challenges The stock market continues its thin-gain session, from the tech-heavy Nasdaq to the Dow future. As Black Friday draws to a close, investors remain focused on the biggest purchasing day of the year. Despite mixed economic data, this year has scored a notable increase from the 69% […] More
Wall Street opened higher on Thursday with hopes of strong 4Q reports. On Thursday, Wall Street gained higher as fears of a market downturn cooled a bit. As inflationary pressure remains above the 2% objective, Federal Reserve officials agreed on the necessity of proceeding carefully. That also includes the fact that there is no interest […] More
U.S. West Texas Intermediate (WTI) is in a bear market, down over 20% from late September’s $95 high. The summer price rise from OPEC output cuts and geopolitical fears of the Middle East conflict had clear effects on the oil industry. As of today’s opening trading hours, the West Texas Intermediate has officially entered a […] More
Consumer spending, retail sales, and consumer price index pressures Wall Street Consumer index reports and retail sales reports are the headlines for this week. Unexpectedly, both reporters were negative about rising concerns over the Fed’s monetary policy, and the recession scenario is on the table once again. Starting with the 14th of this month’s report, […] More