by Mitch Fisher | Jun 9, 2023 | Daily Market Blog, Daily Market Notes |
U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Federal Reserve will skip a rate hike next week overshadowed worries about U.S. markets being drained of cash. Helped by a surge in Tesla Inc ,...
by Mitch Fisher | Jun 9, 2023 | Daily Market Blog, Daily Market Notes |
Behold Wall Street’s new bull market, maybe….. S&P 500 <.SPX> advanced on Thursday, putting the benchmark index up 20% from its Oct. 12 closing low and heralding the start of a new bull market, at least by the definition of some market...
by Mitch Fisher | Jun 7, 2023 | Daily Market Blog, Daily Market Notes |
US STOCKS-S&P 500, Nasdaq close lower as traders cash in on latest mega cap rally….. The S&P 500 and Nasdaq closed in negative territory on Wednesday as investors took profits after a months-long mega cap stocks run and ahead of key economic and policy...
by Mitch Fisher | Jun 6, 2023 | Daily Market Blog, Daily Market Notes |
US stocks end up as Fed, CPI loom large next week….. U.S. stocks closed up on Tuesday, helped by some advances in economically sensitive sectors, as investors awaited inflation data and the Federal Reserve’s policy meet next week. Inflation data is...
by Mitch Fisher | Jun 5, 2023 | Daily Market Blog, Daily Market Notes |
The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing ground. Apple Inc ended lower after the world’s...
by Mitch Fisher | Jun 2, 2023 | Daily Market Blog, Daily Market Notes |
U.S. stocks closed higher on Friday after a labor market report showing moderating wage growth in May indicated the Federal Reserve may skip a rate hike in two weeks, while investors welcomed a Washington deal that avoided a catastrophic debt default. The tech-heavy...
