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U.S. Stocks Turned Lower After Aggressive Rate Hike Worries Resurfaced Following GDP Report

Jul 27, 2023
Barry Adams
Investors turned cautious and market averages fell after aggressive rate hike worries resurfaced following stronger-than-expected second quarter economic growth.

U.S. Market Averages Traded Higher After Latest GDP Report Indicates Resilient Economy

Jul 27, 2023
Barry Adams
Stocks turned higher after economy accelerated at a faster pace in the second quarter after business investment soared but consumer spending was restrained on service inflation.

Major Averages Stable After Fed Hikes Rates to 22-year High

Jul 26, 2023
Barry Adams
Despite multiple rate hikes over the last sixteen months, interest rates are still not restrictive enough to dent the economy growth or ease labor market tightness.

Big Tech Earnings In focus, Market Averages Trade Lower Ahead of Rate Decision

Jul 26, 2023
Barry Adams
Investors awaited the Fed's rate decision later today and market averages traded lower. The yields on Treasuries traded volatile ahead of the rate decision.

Large Caps and Tech Stocks Lead Market Averages Higher

Jul 25, 2023
Barry Adams
Market averages traded higher and tech stocks advanced in after hours trading after Microsoft and Alphabet reported earnings. The Dow Jones Industrial Average gained for the 123th day in a row as mega-cap companies outperformed broader averages.

With One Eye On Earnings, Market Averages Edge Higher On Wall Street

Jul 25, 2023
Barry Adams
Major averages traded higher after several large companies reported rising sales and earnings healthy operating margins. The yields on Treasury bonds rose ahead of the rate decision on Wednesday.

Mega-cap Dow Jones Extended Rally to 11 Days Ahead of Key Tech Earnings

Jul 24, 2023
Barry Adams
Market indexes continued to grind higher and tech stocks advanced ahead of key earnings later in the week. The Dow Jones advanced for the eleventh day in a row and crude oil jumped to a 3-month high.



Tech Earnings Optimism Drives Broader Averages Higher Ahead of Rate Decision This Week

Jul 24, 2023
Barry Adams
Major averages edged higher as investors look ahead to earnings reports from leading tech companies this week. the Federal Reserve is set to announce its rate decision and provide insights into the economy on Wednesday.

Stocks Rise In Volatile Session After Tech Stocks Overcame Early Weakness

Jul 21, 2023
Barry Adams
In volatile trading on the final day of this week, market indexes edged higher the mega-cap heavy Dow Jones Industrial Average is set to close higher for the tenth session in a row.

Tech Heavy Nasdaq Dropped 2%, 9-day Rally In Dow Jones Index

Jul 20, 2023
Barry Adams
Market averages began to diverge after investors reviewed quarterly results of Johnson & Johnson, Tesla, Netflix, D R Horton, and Las Vegas Sands. Mega cap driven Dow Jones extended gains for the ninth session in a row but tech heavy Nasdaq dropped after Tesla plunged 10%.

Tesla and Netflix Worries Drive Averages Lower, Wheat Rallies 3rd Day

Jul 20, 2023
Barry Adams
Stocks edged lower after a string of weak corporate results and Treasury yields advanced after food inflation worries reignited. Weekly jobless claims unexpectedly declined, indicating ongoing tight labor market conditions.

With Rising Appetite for Stocks, Investors Step Up and Hit Buy Button

Jul 19, 2023
Barry Adams
Market averages extended gains after regional bank stress worries receded and investors stayed focused on the latest batch of earnings. Tesla, Netflix, IBM and United Airlines are scheduled to report earnings after the end of regular trading session.

Stocks Power Ahead After Investors Embrace Soft-landing Scenario

Jul 19, 2023
Barry Adams
Major averages extend gains after investors embrace soft-landing scenario and abandon the likelihood of a hard-landing scenario because of weakening inflation trend, resilient consumer spending and better-than-expected corporate earnings.

S&P 500 and Nasdaq Extend 2023 Gains After Positive Earnings from Banks

Jul 18, 2023
Barry Adams
Market averages on Wall Street traded higher after investors stepped up to buy banks, tech and industrial stocks. Better-than-expected earnings from leading banks bolstered market sentiment after higher interest rates fueled rising net interest rate margins despite slumping trading and investment banking fees.



S&P 500 and Nasdaq Jump Ahead After Investors Overlook Weak Retail Sales

Jul 18, 2023
Barry Adams
Market indexes advanced on Wall Street after retail sales rose less-than-expected and earnings were generally ahead of expectations. Investors reviewed earnings from Morgan Stanley, Bank of America, PNC Bank and Lockheed Martin.