A curious peculiar happened on the route to the stock market’s decline. Etsy, DoorDash, Zoom, and DocuSign, who benefited the most from Covid-19 and the accompanying lockdowns, were the poorest performances this week. According to the World Health Organization, it’s the polar opposite of what one might expect as the new Covid omicron version spreads […] More
The dollar crept higher in choppy trade as risk appetite increased. At the same time, a barometer of global markets jumped on Thursday as Wall Street gained on anticipation that the Omicron COVID-19 variant will be mild and not stall a fast rebounding US economy. More
With Snowflake stock and other software earnings in focus overnight, Dow Jones futures, S&P 500 futures, and Nasdaq futures gained substantially late Wednesday. The stock market boom took a turn for the worst on Wednesday, as the CDC verified the first case of the omicron Covid form in the United States, in California. More
Following a Tuesday sell-off on Wall Street amid concerns over the new omicron Covid type and the Federal Reserve considering a faster-than-planned taper, U.S. stock futures were higher in early morning trade on Wednesday. More
After President Joe Biden declared economic lockdowns in reaction to the omicron Covid version are presently off the table, stocks recovered on Monday, following Friday’s significant sell-off. More
Gold is a Safe Haven Asset On Friday, global equity markets rose, with European stocks setting new highs on the back of good profits, while the dollar fell but still registered its greatest weekly gain since late August. Gold surged to its highest week in six months, extending a seven-session winning streak. The rally has […] More
Inflation = Slow Growth Investors grappled with the ramifications of rising inflation, which has reached its highest level in decades, and third-quarter results that are beginning to show signs of slowing growth on Wall Street on Thursday. More
Inflation Calls For Troubled Markets The US stock market ended sharply lower on Wednesday, November 10th, 2021, as investors continued to book profits amid growing concerns that the Federal Reserve will tighten monetary policy sooner than expected, following the highest level of consumer inflation in the United States since 1990. More
COVID-19 From a Pandemic to an Endemic; Investors Await CPI Reports. On Tuesday night, U.S. market futures were lower as investors awaited critical data Wednesday. That will be the next significant signal of how fast increasing price pressures are speeding up. More
Infrastructure on the Rise After the significant averages finished at all-time highs, lifted by strength in infrastructure sectors, U.S. stock futures were marginally lower in early morning trading on Tuesday. More
Positive employment figures and prospects for a new coronavirus treatment increased economic optimism in the United States on Friday, sending markets to new highs. More
In early hours trading on Friday, stock futures were quiet ahead of the highly anticipated October jobs report. More