by Mitch Fisher | Dec 1, 2023 | Daily Market Blog, Daily Market Notes |
S&P 500 hits 2023 closing high as Powell strengthens peak rate bets….. U.S. stocks rallied and the S&P registered its highest close of the year on Friday, starting December on an upbeat note as remarks from Federal Reserve Chair Jerome Powell bolstered...
by Mitch Fisher | Dec 1, 2023 | Daily Market Blog, Daily Market Notes |
Stock indexes show biggest monthly gain since Nov 2020….. MSCI’S global stock index rose on Thursday while the Dow closed at its highest level since mid-January 2022, and bond yields and the dollar gained after Federal Reserve officials sounded caution...
by Mitch Fisher | Nov 29, 2023 | Daily Market Blog, Daily Market Notes |
S&P 500 wobbles to lower close on mixed Fed messages, strong GDP data….. U.S. stocks edged lower on Wednesday as a robust upward GDP revision eased recession fears, while Federal Reserve officials’ remarks raised questions about the duration of the...
by Mitch Fisher | Nov 24, 2023 | Daily Market Blog, Daily Market Notes |
Wall St ends mixed in truncated Black Friday trading….. U.S. stocks ended little changed in holiday-shortened trading on Friday, with low volume and conviction as investors watched the start of the seasonal shopping season for signs of consumer resiliency. The...
by Mitch Fisher | Nov 22, 2023 | Daily Market Blog, Daily Market Notes |
Wall Street climbs before holiday; investors optimistic Fed done hiking rates….. U.S. stocks ended higher on Wednesday on optimism that the Federal Reserve may be done raising interest rates and that the economy is still resilient. Economic reports on jobless...
by Mitch Fisher | Nov 21, 2023 | Daily Market Blog, Daily Market Notes |
US STOCKS – Wall St stays lower after Fed minutes; retailers weak….. The S&P 500 stayed lower on Tuesday afternoon after minutes from the latest Federal Reserve meeting showed officials agreed to take a cautious approach to raising U.S. interest rates...
