There was a mixed movement in the global market by the mixture effect of positive economic data and the rising inflation concerns. The rally on Thursday offsets the early losses in the first three trading days of the week. The U.S. benchmark indexes traded a range between -0.5% to 0.3%. Read more…
The U.S inflation data drag stocks down from their peak. The U.S. benchmark indexes slipped over -4%, and they recovered to the moderate decline level after the late rally in the market on the April Consumer Price Index (CPI) last Wednesday, which rose 4.2% from a year ago and 0.8% Read more…
U.S. Indexes were in a Mixed Direction With The Mixed Sentiments! The U.S Indexes were in a mixed direction on the job report last week. The economy generated 266,000 new jobs in April, far below expectations for a gain of nearly 1 million. The unemployment rate rose from 6.0% to Read more…
Stocks Declined Modestly. The Sentiment Remains Mixed! Stocks declined modestly, but the S&P 500, the Nasdaq Composite, and the S&P MidCap index reached record highs before losing their gains. As of Friday, 86% of the S&P 500 companies that had reported first-quarter results exceeded analysts’ earnings estimates, according to FactSet( Read more…
Stocks Closed Higher With The Mixed Global Sentiment! Most global stocks closed higher, about 1%, for the week and move to new highs as earnings seasons begins. The U.S retail sales also soared 9.8% compared with Feb 2021. Most of the top benchmarks Indexes recorded their fourth consecutive week of Read more…
The U.S Tech Stocks Outperformed! But Sentiment Turns into Negative! The U.S tech stocks outperformed, and most stocks hit new highs on jobs and payroll data. The top U.S benchmark Indexes sustained a momentum above 2%. However, the small-cap Index Russel-2000 declined modestly, about -0.4%. Despite the vital labour market Read more…
Most Global stocks were making the historical high. The U.S benchmark Index S&P-500 hit the 4K marks on Biden’s new $2.25 trillion sweeping infrastructure proposal to spend over eight years on infrastructure, manufacturing, research and development, and clean energy. The U.S consumer confidence increased to its highest level since the Read more…
Global Stocks Remain Mixed Along With The Mixed Sentiment. Global stocks remain mixed for the week. The U.S top benchmark Indexes S&P-500 and Dowjones-30 were ending out with a weekly gain of about 1.36% and 1.57%, respectively. On the other hand, The Indexes Nasdaq-100 and Russel-2000 were declined by about Read more…
Global Stocks Were Mixed! U.S Sentiment change its direction. Global stocks were mixed movement last week. The U.S top benchmark Indexes closed lower about -0.46% to -2.75% on virus mutations, vaccine effectiveness, the spike in inflation and long-term rates. The Index Russel-2000 underperformed. Despite the upgraded inflation forecast, FED decided Read more…
Market Back into the Historic High! U.S Sentiment Turns Positive. The U.S Market back into the historic high level as optimism on economic recovery. The controlled Inflation report and a halt in the current upward interest rate rise support the market gains. But the major news was the U.S. prepared Read more…