Global Stocks Slipped an Inch. The Sentiment Remains Mixed Mode. Global Stocks slipped an inch about -1% to -1.5%. However, The U.S midcap stock index Russel-2000 outperformed. Since the end of September 2020, the Russell 2000 has surged 41%. The earning season has just started. According to the fact set, the Read more…
BULL MARCH AHEAD WITH THE MIXED SENTIMENT Although one of the awful weeks in the U.S nation’s political history and increased daily Covid deaths number, Bulls rallied the global market on the expectations of further U.S. government stimulus following Senate runoff elections in Georgia. The major Indexes showed the momentum of Read more…
Stocks Edged Higher But Sentiment Remains Negative The most global stocks edged higher on President Donald Trump’s signing of a USD 900 billion coronavirus relief bill on Sunday night, unemployment benefits and Covid-19 vaccination rollout. However, the Sentiment remains negative for the week considering the increased number of new daily Read more…
Stocks Momentum Halted by the British Virus! Stocks momentum halted by the British Virus (New variants) and the new U.K. travel bans despite the new relief package’s optimistic expectations and the vaccination efforts. The U.S major Indexes moved between a range of -0.17% to 0.38%. However, The Midcap Index Russel-2000 Read more…
U.S Stocks Hitting New Highs On Stimulus Hopes! Despite the mixed economic data, the U.S Stocks Hitting New Highs.The U.S major Indexes hitting an all-time high on the positive signs of another relief package. The small-cap stocks outperformed the large-cap stocks for the sixth consecutive week with the wide margin. The Read more…
Small-Cap Stocks Outperformed But S&P-500 Changes Its Direction The U.S small-cap stocks outperformed the large-cap stocks for the fifth consecutive week. Russel-2000 Index closed higher about 0.98% as a weekly gain. However, The other U.S major benchmark Indexes fell about less than 1% and change its direction led by the Read more…
Stocks Edged Higher Despite Coronavirus Cases Most global stocks extended their gains followed by the historic rally despite the rise in coronavirus cases. The job reports were mixed. The unemployment rate declined to 6.7% from 6.9%, but the participation rate also fell, indicating that more people exited the labour force. Read more…
Stocks are bullish. DOW hits 30 000! The Dow hits 30 000! Most global benchmarks hit a record high this week on diminishing political uncertainty and the optimism on new vaccine developments. The U.S Dow Jones Industrial Average is gaining the most attention by crossing the 30 000 thresholds for Read more…
Bull Run Stopped and Sentiment Likely to be Negative Bull run stopped. Despite the optimism in Vaccine development, past rallies in the U.S market ended and the U.S benchmark Indexes closed lower for the week on the recent spike in virus cases and hospitalizations. Also, the jobs-data release showed worse Read more…
Global Equities Extended Their Rally Global equities extended their rally. Most global equities extended their rally for the second row of the week. The U.S benchmark Index S&P-500 closed at a new record high following news of progress in developing a COVID-19 vaccine. Russel-2000, a small-cap Index posted a substantial Read more…