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U.S. GDP Growth Surpassed Expectations, ECB Holds Rates Third Time

Jan 25, 2024
Barry Adams
U.S. economy expanded at a faster-than-expected pace in the fourth quarter, despite the Federal Reserve's aggressive interest rate hike campaign. The European Central Bank held its key lending rates steady for the third time in a row.

IBM ALK

S&P 500 and Nasdaq 100 Traded at New Record Highs

Jan 24, 2024
Barry Adams
Tech stocks powered the rally across the Atlantic for the third consecutive day this week. Crude oil rebounded. The People's Bank of China took steps to inject more liquidity into the financial system.

Tech Rally Powers Nasdaq and S&P 500 Higher

Jan 24, 2024
Barry Adams
Tech stocks continued to advance and extend recent gains after Netflix reported positive quarterly results. Treasury yields edged slightly lower ahead of the release of personal income and spending reports later in the week.

EBAY

U.S. Major Averages Struggle After Mixed Earnings

Jan 23, 2024
Barry Adams
Earnings dominated trading activities, and the benchmark indexes hovered near record highs. GE, Verizon, P&G, Raytheon, Halliburton, and United Airlines reported strong quarterly results, but DR Horton, Ericsson, and Logitech fell short of expectations.

U.S. Major Averages Hover Near Record Highs as Earnings Roll In

Jan 23, 2024
Barry Adams
U.S. market indexes hovered near record highs as investors digested a fresh batch of earnings. Treasury yields edged higher, and crude oil traded volatile amid heightened tensions in the Red Sea.

S&P 500, Dow, Nasdaq 100 Indexes Trade at New Highs

Jan 22, 2024
Barry Adams
The tech rally extended gains as investors looked beyond interest rate uncertainties as the AI enthusiasm from the last week continued. China leaves lending rates unchanged. The Bank of Japan is expected to hold rates steady at the end of its policy meeting Tuesday.

Tech Rally Extends to Monday On Wall Street

Jan 22, 2024
Barry Adams
Major averages on Wall Street attempted to extend the previous week's gains, and tech stocks remained in focus. The 10-year Treasury yield edged slightly higher, and investors debated the number and timing of rate cuts this year after policymakers reiterated the need for higher rates for longer.



Mega-Cap Tech and Semiconductor Stocks Extend Market Rally

Jan 19, 2024
Barry Adams
Diverging views on the rate path lift stocks and Treasury yields higher as investors keep hopes of rate cuts alive. The yields on 2-year and 30-year Treasury bonds trade at the same level.

Tech Powered Rally Lifts U.S. Stocks as Investor Shift Focus Away from Fed

Jan 18, 2024
Barry Adams
U.S. investors shifted their focus to positives in the economy and returned to adding high-growth stocks. The rally on Wall Street supported gains in the final hour of trading in Europe. Asian markets struggled to shake off the weakening economic backdrop in China.

U.S. Indexes Attempt to Rebound and Treasury Yields Advance

Jan 18, 2024
Barry Adams
Benchmark indexes attempted a rebound after selling off for two days in a row. U.S. Treasury yields edged higher as policymakers continue to push back against rate cut expectations.

World Markets Extend Losses as Investors Reassess Rate Paths and Geopolitical Environment

Jan 17, 2024
Barry Adams
Stock markets around the world turned lower after policymakers conducted aggressive campaign against the prospect of a near-term rate-cut citing high inflation. China market indexes plunged after the release of the latest economic data.

Middle East War Worries and Receding Near-term Rate-cut Hopes Keep U.S. Major Averages Down

Jan 17, 2024
Barry Adams
Investors remained cautious after the near-term rate-cut hopes faded following the pushback from policymakers. Rising tensions in the Middle East and weaker-than-expected economic growth in China also kept investors on the sidelines.

U.S. and World Markets Turn Lower Amid Rising Economic Uncertainties and Geopolitical Tensions

Jan 16, 2024
Barry Adams
Global markets turned down, and investors lowered rate expectations. Rising tensions in the Middle East and supply chain disruptions also weighed on market sentiment.

Middle East Tensions Weigh On U.S. Market Sentiment, Major Averages Trend Lower

Jan 16, 2024
Barry Adams
Stocks struggled in early trading, and Treasury yields edged higher ahead of the release of the retail sales report on Wednesday. Goldman Sachs and Morgan Stanley reported better-than-expected quarterly results.



European and Asian Markets Diverge, Investors Keep Rate-cut Hopes Alive

Jan 15, 2024
Barry Adams
Markets in Europe closed down, and the German economy stalled in 2023 after rising interest rates and elevated inflation kept consumer spending growth in check. In Asia, Chinese markets struggled after the central bank did not offer any new stimulus measures.