Daily Market Blog
March 2, 2023
Stocks Shake Off Fed Uncertainty, Rise in Interest Rates..... U.S. equities rallied into the close to finish near the highs of the day, as investors appeared to shake off the persistent rise in interest rates. The markets also digested some earnings reports, as shares...
March 1, 2023
Markets Mixed in Bumpy Trading Session..... U.S. equities finished mixed as the global markets remained choppy amid uncertainty regarding how aggressive monetary policy tightening will remain and what the ultimate impact will be. Q4 earnings season continues to wrap...
February 28, 2023
Stocks Lose Steam, Finish Lower..... U.S. equities finished lower in choppy action amid the backdrop of uncertainty regarding the ultimate impact of aggressive monetary policy tightening. Treasury yields were little changed, and the U.S. dollar was slightly higher,...
February 27, 2023
Early Rally Cools, but Stocks Finish Higher..... U.S. equities finished in the green, albeit well off the best levels of the day, trimming some of last week's sharp drop. Treasury yields were mixed, and the U.S. dollar lost ground as the markets continue to grapple...
February 24, 2023
Stocks Fell Following Hot Inflation Report..... U.S. equities ended the day and week lower as the markets reacted to a Fed-favored gauge of inflation that came in hotter-than-expected. PCE and Core PCE Price Indexes rose more than anticipated, while personal income...
February 23, 2023
Stocks Gain Ground in a Volatile Trading Day..... U.S. equities ended higher in a choppy trading session as uncertainty remained regarding the ultimate economic impact of aggressive global central bank tightening. The volatile session followed yesterday’s release of...
February 22, 2023
Stocks Lose Steam Following Fed Minutes..... U.S. equities did an about-face in late-day trading to finish mixed, with the Dow and S&P 500 adding to yesterday's solid declines. The moves came following the release of the minutes from the Fed's February 1 monetary...
February 17, 2023
Stocks Mixed in Final Trading Session of the Week..... U.S. equities ended the day and week mixed ahead of the long holiday weekend. The markets continued to grapple with the possibility of further aggressive Fed measures to try to tamp down inflation pressures after...
February 16, 2023
Stocks Lower Amid Wholesale Price Inflation Report..... U.S. equities declined sharply following another hotter-than-expected read on inflation, as well as hawkish commentary from Fed officials, which seemed to complicate the outlook for further monetary policy...
February 15, 2023
Stocks Rose as Investors Digest a Flood of Economic Data..... U.S. stocks were higher to end the day, as investors continued to wrestle with the implications of persisting inflation and a tight labor market on Fed monetary policy actions. The economic calendar came in...
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