John Lynch

U.S. stocks could claw back their losses, although nervousness is palpable as traders play the waiting game ahead of Federal Reserve Chair Jerome Powell’s Jackson Hole address on Friday. The major averages are slightly higher early Wednesday. The CBOE Volatility Index, aka VIX, climbed more...

Financial markets are poised for a bumpy ride as they face a series of recent events that have led to a major selloff, analysts say. On Thursday, the Federal Reserve held off on cutting rates and then a cooler-than-expected U.S. jobs report landed on Friday while Iran threatened to attack Israel....

U.S. stocks will likely carry over from where they left off as the market reopens after the Juneteenth holiday on Thursday. The major index futures were all uniformly higher, underpinned by the continued buoyancy in the tech space. The sector’s accelerated runup, though, has caused concerns...

U.S. stocks are poised to start Monday’s session in the red as traders brace for the all-important decision from the Federal Reserve’s monetary policy committee on Wednesday and the May inflation report ahead of the rate decision. Although the futures market has factored in a Fed pause...

Index futures are trading uniformly lower early Wednesday after the market’s resilient upward move in the previous session. The sentiment is likely to remain guarded ahead of Nvidia Corp.’s (NASDAQ:NVDA) quarterly report due after the market opens. Traders may also pore over the May...

U.S. stocks are poised for a cautious start on Friday as concerns about rising interest rates return. Traders are waiting for a significant catalyst to propel the market higher after its recent record run. A potential resumption of the meme stock rally could inject support into the small and mid-...

Trading in U.S. index futures indicates a potential strong rebound in stocks on Thursday, as traders gear up for the traditional Santa Claus rally that typically extends from the week following Christmas to the first two sessions of the new year. Micron Technology, Inc.’s (...

It’s a day of risk aversion on Wall Street as investors are shedding both stocks and bonds in favor of cash while digesting the latest corporate earnings reports. As of midday trading in New York, all major U.S. stock indices were in negative territory, primarily due to a slump in the tech...

Wall Street tumbled during midday trading, with all major stock indices in the red, and only the energy sector showing gains for the session, while 30-year Treasury yields breached the 5% mark, hitting the highest level in over 17 years. The recent developments in the Middle East have weighed on...

Midway through Wednesday’s trading session in New York, U.S. stocks managed to eke out modest gains, with the technology sector being the only laggard for the day as traders anxiously await the Federal Reserve meeting scheduled for 2 p.m. Wednesday. The Fed is highly anticipated to keep rates...

In the early hours of trading on Wednesday, a sense of caution and higher risk aversion prevails among investors as they eagerly await the Federal Reserve’s decision on interest rates and Jerome Powell‘s remarks during the press conference. The Fed is likely to raise rates by 25 basis...

The biggest catalyst for the SPDR S&P 500 ETF Trust (NYSE: SPY) in the next few weeks could easily be a U.S. debt ceiling deal between President Joe Biden and House Republicans. Yet the latest news from Washington suggests the two sides are still far apart in the negotiation process, leaving...

The U.S. Federal Reserve raised its target Fed funds rate by 0.75% in June, its first interest rate hike of that size since 1994. With this month's Federal Open Market Committee meeting just around the corner, the bond market is now anticipating a greater than 50/50 chance the Fed will ramp up...

The second-quarter reporting season is upon us, and the second quarter has been a tricky one for companies to navigate. COVID lockdowns in China – a nation often called the "world's factory," the war in Ukraine and skyrocketing inflation served as recipes for a looming...

It's been a brutal first half of 2022 for investors, with the SPDR S&P 500 ETF Trust (NYSE: SPY) down 20% year-to-date. Fortunately, Comerica Wealth Management just released its Mid-Year Market Outlook report, and chief investment officer John Lynch is predicting the S&P 500 will...