Daily Market Blog

September 12, 2022

Stocks Closed Higher Before Tomorrow’s Release of CPI Data..... U.S. stocks ended the day in the green, extending last week's advance that snapped a three-week losing streak. No notable reports were released on today’s economic calendar, but tomorrow's highly...

September 9, 2022

Stocks Rose Despite Fed’s Hawkish Comments Earlier This Week..... U.S. stocks finished higher in the final session of the week, putting an end to the three-week losing streak. The markets showed resiliency in the face of solidified expectations that the Fed will...

September 8, 2022

Stocks Post Gains in Choppy Trading..... U.S. equities finished higher in a roller coaster of a session, as the markets digested a number of key events. Fed Chairman Jerome Powell reiterated the hawkish tone set just a couple weeks ago in Jackson Hole, Wyoming, as the...

September 7, 2022

Stocks End Higher Amid Release of Fed's Beige Book..... U.S. stocks continued to rise as the Fed released its Beige Book—commentary on the nation's business activity that is used by policymakers to prepare for monetary policy decisions. As a result, the markets...

September 6, 2022

Stocks Close Lower in a Choppy Trading Session..... U.S. stocks ended the day lower in a volatile trading session after returning to action following the long Labor Day holiday weekend. The S&P 500 is coming off a three-week losing streak that was capped off by...

September 1, 2022

Stocks Rebound in Final Minutes of Trading..... U.S. equities were able to bounce off their lows to finish mixed, with the Dow and S&P 500 able to avoid a fifth-straight day of losses. On the other hand, Treasury yields and the U.S. dollar rallied, with the 2-year...

August 31, 2022

August Ends on Four-Day Losing Streak..... The U.S. equity markets extended a recent losing streak to four days, as investors remained skittish in the wake of Fed Chairman Powell's comments on Friday. Economic data was mixed, as ADP's revamped private sector...

August 30, 2022

Stocks Decline for Third-Straight Session..... U.S. equities added to a recent downdraft that has ensued following last week's hawkish commentary from Fed Chairman Jerome Powell. The moves came despite August Consumer Confidence rebounding off an 18-month low, as a...

August 29, 2022

Stocks Continued Last Week's Decline Amid Friday's Fed Comments..... U.S. stocks ended the day in the red, continuing last week's sharp drop following comments from Fed Chairman Jerome Powell last Friday that heightened inflationary concerns. During the Fed symposium...

August 26, 2022

Stocks Drop After Comments from Powell..... U.S. stocks finished sharply lower, marking the second-straight weekly loss. Today's drop followed the keynote address from Fed Chairman Jerome Powell, who suggested further aggressiveness to restore price stability that...

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