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Recovery Rally Lifts S&P 500, Russell 2K, Nasdaq Composite 2%

Aug 8, 2024
Alexander Garcia
A broad rally on Wall Street lifted mega-cap to micro-cap stocks as investors shook off economic slowdown worries that sparked a sell-off earlier in the week, and set the stage for a strong rally in Asian markets on Friday. 

Stocks Regain Upward Momentum After Weekly Jobless Claims Report

Aug 8, 2024
Barry Adams
Market indexes on Wall Street jumped more than 1% after weekly jobless claims rose less than expected, soothing fears of deteriorating labor market conditions. 

U.S. and Global Markets Attempt to Claw Back Monday's Losses

Aug 7, 2024
Alexander Garcia
Global markets rebounded for the second day in a row as market sentiment stabilized. The trade surplus of Germany held steady, but that of China expanded amid solid demand for Chinese products. The Japanese yen may face another bout of selling in the near future.

Wall Street Extends Rebound to Second Day Amid Worries of Economic Slowdown

Aug 7, 2024
Barry Adams
Stocks and market indexes rebounded for the second day in a row on Wall Street as investors searched for bargains in the recently beaten-down mega-cap tech stocks.

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U.S. and Global Markets Brace for Volatile Road Ahead

Aug 6, 2024
Alexander Garcia
U.S. and global markets are likely to trade volatile for the next few weeks as investors reassess the U.S. economic growth outlook, labor market conditions, and rising tensions in the Middle East.

Wall Street Attempts to Rebound from Monday's Big Sell-off

Aug 6, 2024
Barry Adams
U.S. major stock averages recovered from previous session's lows, Treasury yield rebounded from over a year low, and the U.S. dollar gained ground against the Japanese yen.

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U.S. Investors Shift Focus to Hard Landing Scenario as World Markets Lower Expectations

Aug 5, 2024
Alexander Garcia
Global markets extended the previous week's losses as investors recalibrated the US economic outlook. U.S. and European markets dropped between 2% and 3%. Japan's Nikkei 225 plunged more than 12%, its second-worst decline since the launch of the index about 74 years ago. 



Global Market Rout Returns Home Sinking S&P 500 and Nasdaq 4%

Aug 5, 2024
Barry Adams
High-flying tech stocks plunged in Monday's trading as investors avoided artificial intelligence-linked stocks. The yield on U.S. Treasury notes dropped for the third day in a row as recession fears gather momentum on Wall Street.

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Weak U.S. Jobs Report Extends Steep U.S. and Global Markets Sell-off

Aug 2, 2024
Barry Adams
Worries of a weakening economic backdrop raised fears of a further slowdown in corporate earnings in the second half, sending ripples around the world. The 10-year Treasury yield dropped below 4% and to the lowest since February. 

U.S. Stocks Turn Volatile After Factory Activities Contracts and Jobless Claims Rise

Aug 1, 2024
Barry Adams
Benchmark indexes turned volatile after initial jobless claims rose to a one-year high, unit labor cost increases slowed in the second quarter, and factory activities shrank in July. 

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U.S. Movers: AMD, Arm Holdings, Meta Platforms, Microsoft, Teladoc

Aug 1, 2024
Scott Peters
Meta Platforms tightened its annual capital expenditure spending plans. Microsoft's quarterly results were ahead of market expectations, but the company's cloud segment revenue growth fell short of expectations. Arm Holdings reported a surge in revenue in the latest quarter, but the current quarter's revenue outlook disappointed investors. 

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U.S. Major Averages Drop as Tech Selloff Deepens, Nvidia Drops 6%

Jul 30, 2024
Alexander Garcia
U.S. major indexes turned lower amid earnings jitters ahead of the quarterly results from Microsoft, AMD, Apple, Amazon, and Meta Platforms. GDP growth in the eurozone was steady in the second quarter. Foreign direct investment flow to China dropped sharply in the first half. 

U.S. Indexes Wavered as Investors Weigh Latest Earnings Ahead of Fed's Rate Decisions

Jul 30, 2024
Barry Adams
Stock market indexes traded around the flatline amid a flood of mixed quarterly results. Job openings edged slightly lower in June, and hiring rate dropped to a nearly four-year low.

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Global Investors Stay Cautiously Optimistic About Rate Decisions and Big Tech Earnings

Jul 29, 2024
Alexander Garcia
World markets brace for monetary policy decisions from major central banks, U.S. labor market updates, earnings from leading tech companies, inflation updates in Europe, and a first look at the business activities in the third quarter in China this week. 



Stocks On Upswing Ahad of Mega-cap Earnings and Fed Rate Decisions

Jul 29, 2024
Barry Adams
Optimism prevailed on Wall Street ahead of earnings from mega-cap tech companies and the Federal Reserve's policy decisions this week.

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