Daily Market Blog

January 19, 2023

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 mixed,...

January 18, 2023

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...

January 17, 2023

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...

January 13, 2023

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...

January 12, 2023

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 on a...

January 11, 2023

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 as Q4...

January 10, 2023

Stocks Able to Post Gains in Rocky Session..... U.S. equities finished higher in a choppy trading session. Concerns over higher interest rates in the future received added attention as investors look to inflation data to be released later this week, courtesy of...

January 9, 2023

Stocks Unable to Extend Friday’s Rally..... U.S. stocks were mixed as the markets came off the highest levels of the day. While this week will begin somewhat light, we will get the start of December’s inflation picture, courtesy of the Consumer Price Index, as well as...

January 6, 2023

Stocks Climb Higher Following Key Labor Report..... U.S. equities rose sharply to close out the day, as investors digested December’s key non-farm payroll report and its possible implications on future Fed moves. While job growth remained robust and the unemployment...

December 29, 2022

Stocks Gained Ground in Quiet Trading Day..... U.S. stocks rose sharply, ending a two-session losing streak, though trading volumes remain subdued in the final days of the year. The heavyweight Information Technology sector led the rally, rebounding from a recent drop...

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