Bull Run Continued! The Sentiment Remain Mixed! US: Bull Run continued. Stocks rose for the fourth week in a row as data revealed symptoms of inflation. Although inflation in the United States remains around its highest level since the early 1980s, the latest monthly Consumer Price Index report provided some Read more…
Stocks Gained Modestly! The Sentiment is in a Mixed Direction! US: Stocks gained modestly. The U.S top benchmark indices gained modestly about 0.39 % to 2.15%. The technology index Nasdaq-100 over performed. However, The Dow-30 industrial average index closed with the red mark as a weekly loss. The US economy Read more…
Rise in the Market! A Roller Coaster of Emotions! US: Rise in the market. Major U.S. stock indexes rebounded from last week’s minor dips to achieve gains of approximately 2.0 % to 4.0 % amid the easing of inflationary pressures that investors welcomed. There has been a reasonably consistent range Read more…
Market Flip Flops! Inflation Vs Earnings! US: Market flip flops. Last week’s stock trading was non-directional as investors digested inflation data and the start of the Q2 earnings season. The top U.S benchmark indexes declined about -0.16% to -1.62% as a weekly loss. The midcap index Russel-2000 underperformed. As international Read more…
Stocks Bounce Back! The Sentiment Remain Unbiased US: Stocks bounce back. Despite the threat of a recession, US benchmark indexes recovered and erased the prior week’s losses as the US labour market continued to rise well in June. The economy created 37K new jobs, beating most economists’ predictions, but the Read more…
Bear is Back! The Sentiment Turns into Mixed Direction! US: Bear is back. The major U.S. benchmark indices declined between 1% to 4%. As concerns mounted that the Federal Reserve’s war against inflation might force the economy into recession, stocks gave up some of the previous week’s significant gains. The Read more…
Bear Run Arrested! Sentiment Turns into Positive! US: Bear run arrested. The key benchmark indices in the United States rose more than 5% to 7%, recovering somewhat from bear region amid concerns that GDP and inflation may be moderating. Several economic indicators suggested that the Fed’s monetary tightening was having Read more…