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S&P 500 Flirts With Key Resistance, VIX Drops, Nvidia In Focus: What's Driving Markets Wednesday?
Wednesday, November 22, 2023 - 2:34pm | 1398Wall Street is cloaked in green in the session leading up to Thanksgiving, with the S&P 500 index reaching 4,560 points, a level closely watched by analysts, at midday trading in New York. The S&P 500 is currently testing the downward trendline that connects the highs of January 2022 to...
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What Stocks Drove The Recent Record Rally? A Breakdown You Can't Miss
Tuesday, November 7, 2023 - 2:13pm | 1035November has burst onto the scene with resounding optimism in the U.S. stock market. The S&P 500, closely monitored through the SPDR S&P 500 ETF Trust (NYSE:SPY), has showcased an impressive six-session winning streak and is currently up 0.4% on Tuesday. The tech-skewed Nasdaq 100, closely...
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Stock Volatility Reaches 6-Month Peak, Bonds Close At 18-Year Lows As Markets React To Israel-Hamas War, Powell's Comments
Thursday, October 19, 2023 - 4:55pm | 871Thursday marked a day of heightened caution in the financial markets, with volatility surging by approximately 10%, reaching levels not seen in six months. The CBOE Volatility Index, commonly referred to as the “fear index,” closed at 21.40, a level last seen on March 27, 2023. Chart:...
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Why Russell 2000's Performance Is Crucial To Your Investment Strategy Amid Looming Recession Concerns
Wednesday, October 11, 2023 - 3:33am | 632The Russell 2000, an index constituting the smaller two-thirds of the 3000-strong U.S. stock market, might be signaling concern for the economy. The index, which is still in a bear market since late 2021, lags the large-cap Russell 1000 index by 13 percentage points this year....
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Treasury Sell-Off Sends Shockwaves: Magnificent 7 Grapples With Worst Day Since August, S&P 500's 200-Day Average Test Looms
Tuesday, October 3, 2023 - 4:52pm | 921In a tumultuous day for Wall Street, a widespread sell-off sent shockwaves through the financial landscape as U.S. stocks faced the brunt of a dangerous surge in Treasury yields. The 30-year Treasury yield surged to 4.95%, marking a sharp 15-basis point jump in a single session, while the 10-year...
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Stocks Tumble, Tech Stands Firm, Treasuries Enter Turmoil As Jerome Powell Speaks: What's Driving Markets Monday?
Monday, October 2, 2023 - 2:21pm | 1266October kicked off with a familiar refrain, echoing the turbulence that characterized September. Once again, the persistent surge in Treasury yields takes center stage, creating an atmosphere of uncertainty and unease among traders. The 10-year Treasury yield has surged to 4.70%, while the 30-year...
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S&P 500 Bears Pause As Bulls Stand Firm – 4,200 Marks A Critical Battle Line
Monday, September 25, 2023 - 4:22pm | 602Monday witnessed a session of modest gains for the S&P 500 index, edging up by 0.4% at the close, and breaking a four-session streak in the red. The S&P 500 index is emerging from its most challenging week since early March 2023, ranking as the second-worst of week of the year, after...
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Fund Managers Lag S&P 500 As 60% Underperform In First Half Of 2023: Here's Why
Friday, September 22, 2023 - 3:46pm | 683In the world of active fund management, the first half of 2023 has proven to be a tough battleground. According to S&P Dow Jones Indices latest SPIVA U.S. Scorecard, a staggering 60% of all active large-cap U.S. equity managers fell short of the benchmark S&P 500. This revelation comes as...
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Value Stocks Outshine Growth Amidst Rising Treasury Yields: Key Sectors and Stocks Analyzed
Monday, August 21, 2023 - 1:53pm | 1008In recent weeks, value stocks have outperformed growth counterparts, proving to be a hedge against the market’s downturn. The Vanguard Value Index Fund ETF (NYSE:VTV) has beaten the Vanguard Growth Index Fund ETF (NYSE:VUG) by 5% during the past month. The momentum shift comes as investors...
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US Credit Rating Cut Triggers Surge In Treasury Yields: 7 ETFs Experience Wild Swings
Wednesday, August 2, 2023 - 4:28pm | 794U.S. Treasury yields experienced a significant surge on Wednesday, influenced by a combination of factors including elevated issuance plans and Fitch’s downgrade of the United States’ sovereign credit rating. The 10-year Treasury note briefly reached a yield of 4.1%, while the yield on...
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Costco Execs Say This One Change In Shopper's Buying Habits Indicates A Recession Is Coming
Friday, July 7, 2023 - 7:15am | 985As the economy teeters on the edge, experts and investors are closely analyzing various indicators to predict the possibility of an impending recession. Recent events, such as the surge in Google searches for the term "recession" and the inversion of Treasury yields, have raised concerns in...
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Investor Anxiety Grows As VIX Index Records Dramatic Increase Amid Fed Rate Hike Concerns: Why Is Volatility Spiking Thursday?
Thursday, July 6, 2023 - 12:31pm | 939The CBOE Volatility (VIX) Index, commonly known as the “fear index,” surged over 20% on Thursday, reflecting the prevailing market volatility across major U.S. stock indices. With a daily change of 20%, the VIX is on track for its best session of 2023, topping the spike seen on March 8...
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Attention Shifts To Fed Minutes: Volatility May Resume This Week, Markets Do Not Expect 2 More Hikes
Monday, July 3, 2023 - 1:02pm | 726Investors are eagerly anticipating the release of the Federal Open Market Committee (FOMC) meeting minutes for June, scheduled for Wednesday, July 5, following the Independence Day holiday. This important report is seen as a key source of information on the Federal Reserve officials’...
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Bear Market Warnings, Recession Rebukes And 'Bidenomics' Failing To Impress: This Week In Economics
Saturday, July 1, 2023 - 6:49am | 588The past week saw a flurry of economic predictions and warnings from various analysts and public figures. Hedge fund manager John P. Hussman warned of a bear market bubble in the early stage of collapse, while analyst Neil Dutta rebuked forecasters’ perpetual economic pessimism. “Rich...
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Apple Breaks $3 Trillion Market Cap, Sets New Record High: Can The iPhone Maker's Stock Keep Climbing?
Friday, June 30, 2023 - 9:47am | 614Apple Inc. (NASDAQ:AAPL) once again broke the $3-trillion market cap barrier Friday. The Cupertino-based technology giant saw its stock rise 1.3% to a new all-time high of $192, cementing its position as stock market leader. Apple’s outstanding performance has resulted in an approximately $...