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Investors Overlook Record Trade Deficit and Focus On Chairman Powell Comments

Feb 7, 2023
Barry Adams
Stocks lacked direction and benchmark indexes bounced around after the Federal Reserve Chairman Powell said it will take time for inflation to cool. U.S. international trade deficit soared in 2022 on robust demand and high energy prices.

Impact of Strong Dollar and Rising Rates on Earnings In Focus Ahead of Results

Feb 6, 2023
Barry Adams
With the earnings season in full-swing, investors took a cautious view of corporate results in the face of strong dollar, rising rates and slowing global economic backdrop for the next two quarters.

Rate Anxieties Resurface After Treasury Yields Rise

Feb 6, 2023
Barry Adams
Treasury yields advanced following the unexpectedly strong January payrolls data. Services added jobs at a faster clip despite the recent string of unabated layoffs from major tech companies. The monthly data did not reflect the implementation of higher minimum wages in several states from the beginning of January.

Global Markets Swing Between Rate and Growth Worries and Extend Weekly Gains

Feb 3, 2023
Barry Adams
U.S. indexes extended weekly gains despite the Friday's market weakness after strong jobs data renewed interest rate worries. European markets advance on earnings. Post-Lunar holiday powered Chinese stocks but Hong Kong trimmed gains.

Strong Pace of Jobs Additions In January Raised Worries of Higher Rates

Feb 3, 2023
Barry Adams
The surge in non-farm payrolls raised questions about the monthly jobs report quality but also raised worries that wage gains may accelerate in months ahead and fuel broader inflation.

Tech Surge Drives U.S. Stock Rally to Second Month

Feb 2, 2023
Barry Adams
Benchmark indexes advanced more than 1% and the tech-heavy indexes soared 3% ahead of key earnings from Alphabet, Amazon and Apple.

Meta Powered Tech Rally Broadens On Wall Street

Feb 2, 2023
Barry Adams
Stocks accelerated gains for the second day in a row after investors looked beyond rate hikes across the Atlantic.



U.S. Stocks Rally After Rate Hike On Soft Landing Hopes

Feb 1, 2023
Barry Adams
Stocks powered ahead after the Fed slowed interest rate hike and Chairman Powell acknowledged cooling inflation. Tech stocks led the gainers but crude oil and natural gas prices eased.

U.S. and Global Markets Await Rate Decisions

Feb 1, 2023
Barry Adams
Caution prevailed in global markets ahead of crucial rate decisions from three central banks across the Atlantic. Rate hikes may be slowed in the U.S. but higher rates may be needed longer than anticipated to combat supply chain driven inflation.

Slower Wage Growth and Stable Earnings Lifted Mood On Wall Street

Jan 31, 2023
Barry Adams
Investors warmed up to stocks after wage inflation slowed in the final quarter of 2022 and corporate earnings generally met or exceeded expectations.

World Markets In Holding Pattern, IMF Lifted Global Growth Outlook

Jan 31, 2023
Barry Adams
Benchmark indexes traded lower in cautious trading and investors reacted to corporate earnings. Despite the talks of gloom and doom, the Euro Area and the U.S. economy continue to expand at healthy rates.

U.S. Stocks Accelerated Declines In Afternoon Trading, Global Markets Trend Lower

Jan 30, 2023
Barry Adams
Tech stocks dropped ahead of earnings from leaders in the industry this week. Rate path worries and economic slowdown anxieties also dampened market sentiment.

Wall Street Down 1% On Tech Earnings Anxieties and Rate Worries

Jan 30, 2023
Barry Adams
Stocks lacked direction ahead of rate decisions across the Atlantic and earnings from leading technology companies. Investors are hoping smaller U.S. rate hikes may help the economy from dipping into a recession.

Wall Street Extends Weekly Advance Ahead Of Rate Hikes Next Week

Jan 27, 2023
Barry Adams
Benchmark indexes extended weekly gains after consumer spending eased for the second month in a row and inflation measure eased but stayed elevated. Investors are anticipating rate hikes by the central banks in the U.S., Euro Area and UK.



Investors On Fence After Consumer Spending and Inflation Eased

Jan 27, 2023
Barry Adams
Market sentiment was cautiously positive as investors reviewed another batch of earnings. The key measure of inflation was elevated in December highlighting the difficult road ahead for the Federal Reserve.