Adam Turnquist

The S&P 500 has been on a tear lately, gaining 25.68% over the past year. The SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the index, came in just behind with a rise of 25.62%. But while investors enjoy the bullish ride, the question looms: is the rally here to stay, or is a stall on the...

U.S. stock futures fell on Friday following a 25 basis point rate hike by the Bank of Japan. Futures of all four indices declined. BOJ hiked the interest rates to 0.5% from 0.25%, the highest in 17 years since the 2008 financial crisis. The market closed higher on Thursday extending their winning...

The S&P 500 wrapped another remarkably prosperous year on Tuesday, notching a second consecutive year of 20% gains and more than 50 record highs.  All three major indices ended Tuesday in the red, with the S&P 500 down 0.43%, the Nasdaq down 0.9% and the Dow Jones Industrial Average...

The stock market’s performance on Friday the 13th is generally positive, contrary to superstitious beliefs. Historical data shows that the supposedly unlucky day has actually been favorable for investors.  What To Know: There are many origin stories related to Friday the 13th. Some...

Technology stocks, specifically chipmakers, could lead from the front on Thursday as a stellar third-quarter earnings report from Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is triggering positive sentiment toward all artificial intelligence plays. Oil prices have rebounded and gold...

The Russell 2000 Index, a benchmark for small-cap stocks, is on the verge of a significant technical breakout that could push it to levels not seen since late November 2021. On Wednesday, the index is testing a crucial resistance zone around the 2,300-point level, a ceiling last reached on July 31...

U.S. index futures point to a modestly lower opening on Friday as traders hope for better tidings on the wholesale prices front. Thursday’s slightly hotter-than-expected consumer price inflation data kept sentiment subdued throughout the session before the major averages closed modestly lower...

After resiliently resisting selling pressure, the market could be in for some weakness on Wednesday as traders position themselves defensively ahead of the key Main Street catalysts for the rest of the week. The index futures are modestly lower early Wednesday. Traders may not have much to look...

The non-farm payrolls data is keeping traders on the tenterhook and the index futures point to a negative opening on Friday. The caveat here is the the market mood could quickly pivot to positivity if the job gain comes in line with expectations. Following the data, traders get to hear from two...

Editor’s Note: An earlier version of this story incorrectly referred to Monday’s Labor Day holiday as Thanksgiving. After a strong finish to last week, thanks to benign inflation data, sentiment appears to have soured as the market opens after Monday’s Labor Day holiday. The index...

After Thursday’s mixed close, stocks appear to be headed for a positive start, although Monday’s Labor Day holiday will likely keep volume anemic. The index futures were solidly higher early Friday and sustenance of the sentiment hinges largely on an inflation readout due ahead of the...

Wall Street is priming for a positive start on Tuesday, as the market resiliently holds onto optimism regarding receiving benign inflation data, which will likely seal the fate of a rate cut. The producer price inflation data due ahead of the market opening is likely to show further easing in...

The U.S. dollar-Japanese yen exchange rate endured one of its most turbulent weeks in recent years, with sharp swings driven by pivotal economic events that have left traders reassessing the future of the dollar-yen carry trade. The USD/JPY pair opened the week at 146.36, but quickly plunged to a...

After the severe pounding the tech space received in the past three sessions, it might be rebound time. However, any recovery will largely hinge on whether key inflation data confirms the continued downward trajectory in pricing pressure. The major index futures are notably higher early Friday....

The major index futures pointed up on Friday, potentially reacting to the outcome of the first presidential debate between the two presumptive 2024 candidates. Most experts view a victory for former President Donald Trump as a positive for the market, given his inclination toward deregulation and...