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Stubborn Inflation and Rising Jobless Claims Keep U.S. Market Indexes In Check

Oct 10, 2024
Barry Adams
Consumer price inflation eased in September, largely because of the persistent decline in energy prices. Core inflation edged unexpectedly higher. Initial weekly jobless claims rebounded to a 14-month high driven by increases in layoffs in Michigan and Hurricane Helena-linked losses. 

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S&P 500 and Dow Jones Setting New Highs as Investors Overlooked Geopolitical Tensions

Oct 9, 2024
Alexander Garcia
Markets resumed their advance across the Atlantic as investors awaited the release of earnings. Fed policy meeting minutes showed that the committee members were divided about the size of the rate cut at its policy meeting in September.

Markets Stayed Calm as Monster Hurricane Milton Barrels Towards Florida Gulf Coast

Oct 9, 2024
Barry Adams
Stocks were in no hurry to go anywhere ahead of the release of the Fed's policy meeting minutes. Investors remained positive before the start of the earnings season later this week.

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Wall Street Rebound Picks Up Pace as Earnings Season Gets Underway

Oct 8, 2024
Alexander Garcia
The Wall Street rebound gathered steam as tech stocks surged and investors awaited the earnings release from leading banks. China investors were disappointed after authorities failed to announce additional stimulus measures. 

Rebound in Tech Stocks Power Wall Street Advance as Oil Prices Ease

Oct 8, 2024
Barry Adams
Stocks on Wall Street rebounded, and bond yields hovered at five-week highs. Crude oil prices eased a little, but worries about a possible wider war in the Middle East persisted. 

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S&P 500 and Nasdaq Down 1%, Crude Oil Jumps 3% Amid Iran-Israel Tensions

Oct 7, 2024
Alexander Garcia
Selling on Wall Street intensified after the bond yields stayed at five-week highs in the U.S. and Europe amid a rapidly deteriorating situation in the Middle East. China markets are in focus as investors return after a week of holidays. 

Wall Street Stocks Fall Following Higher Bond Yields and Ongoing Crude Oil Price Rally

Oct 7, 2024
Barry Adams
The 10-year yield on the U.S. Treasury notes jumped above 4% for the first time in five weeks following the near 10% rebound in crude oil prices.

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Wall Street Focus Shifts Back to U.S. Economy After Nonfarm Payrolls Surge In September

Oct 4, 2024
Barry Adams
Focus on Wall Street shifted away from the Middle East to the U.S. economy after nonfarm payrolls surged more than expected in September. Dockworkers called off strike after a tentative deal with the U.S. Maritime Alliance. 

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World Stock Markets Turn Lower as Prolonged Middle Eastern Conflict Escalates Into Regional War

Oct 3, 2024
Alexander Garcia
Crude oil soared 5% as Israel prepared to attack Iran that could target its oil infrastructure and escalated its offensive in Lebanon and Gaza. 

U.S. Major Indexes Struggle After Crude Oil Extends Weekly Gains to 5%

Oct 3, 2024
Barry Adams
Stocks on Wall Street faced selling pressure as investors weighed the strength in the service sector in September with the fast-escalating tensions in the Middle East. 

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Rising Middle East Tensions and Port Strike Weigh On Wall Street, China Stocks Scale Higher

Oct 2, 2024
Alexander Garcia
Growing risk of a wider war in the Middle East and the uncertainty of dockworker strikes on the East and Gulf coasts weighed on the market sentiment. Shigeru Ishiba, Japan's newly appointed prime minister, called for a general election. Hong Kong indexes extended the stimulus rally with gains of 25% over six consecutive sessions.

Wall Street Indexes Face Headwinds Amid Rising Prospects of a Wider War In Middle East

Oct 2, 2024
Barry Adams
The prospect of a wider war in the Middle East and uncertainty related to port workers' strikes dented market sentiment and risk appetite. 

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U.S. Major Averages Drop Nearly 2% as Iran and Israel Launch Attacks

Oct 1, 2024
Alexander Garcia
Stock market indexes across the Atlantic dropped after Iran launched a ballistic missile attack on Israel and the Israeli military launched a ground offensive in Lebanon. Crude oil jumped more than 4%, the yield on U.S. Treasury notes eased, and gold surged 1%. 

U.S. Indexes Waver Awaiting Manufacturing Surveys and Labor Market Updates

Oct 1, 2024
Barry Adams
U.S. stocks struggled in early trading, and investors looked forward to labor market reports and manufacturing surveys. Union workers at 14 ports on the East and Gulf Coasts decided to strike after wage negotiations broke down. 

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Wall Street Indexes Lacked Direction on Merger Monday, European Markets Turned Lower, China Five-day Rally Extended Gains to 20%

Sep 30, 2024
Alexander Garcia
U.S. stock indexes flatlined as investors reviewed two merger deals, and European markets struggled to advance in September. China stimulus rally extended five-day gains to over 20%. Japan's indexes plunged after the yen rallied.