by Mitch Fisher | Jan 19, 2023 | Daily Market Blog, Daily Market Notes |
Stocks Added to Yesterday’s Losses Amid Mixed Economic Data….. U.S. stocks were lower, adding to yesterday’s sharp draw down, as investors remain concerned regarding the Fed’s monetary policy decisions and its ultimate impact on the economy. Economic data was...
by Mitch Fisher | Jan 19, 2023 | Daily Market Blog, Daily Market Notes |
January Rally Pauses….. U.S. equities finished noticeably lower, paring some of the solid gains seen year-to-date. Investors processed a slew of mixed economic data, as retail sales fell more than expected, producer price inflation cooled, industrial production...
by Mitch Fisher | Jan 18, 2023 | Daily Market Blog, Daily Market Notes |
Stocks Diverge Amid Mixed Banking Results….. U.S. equities finished mixed as markets in the U.S. returned to action following the three-day holiday weekend. Q4 earnings season continued to heat up, with investors sifting through differing results from Dow member...
by Mitch Fisher | Jan 13, 2023 | Daily Market Blog, Daily Market Notes |
Stocks Higher as Q4 Earnings Season Begins….. U.S. equities ended the day and week higher, as the markets reacted to a host of results from the banking sector to kick off Q4 earnings season. Bank of America, Wells Fargo, and Dow member JPMorgan Chase all bested...
by Mitch Fisher | Jan 12, 2023 | Daily Market Blog, Daily Market Notes |
Stocks Post Gains Following Tame Inflation Report….. U.S. equities finished higher in the wake of a consumer prices report that showed inflation cooled last month. However, the gains were tempered, as the core rate, which strips out food and energy costs, rose...
by Mitch Fisher | Jan 11, 2023 | Daily Market Blog, Daily Market Notes |
Markets Add to Gains for the Year….. U.S. equities finished higher to add to gains seen this year, with the Nasdaq on a four-day winning streak. However, caution was prevalent, as the markets awaited tomorrow’s December consumer price inflation report, and...