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U.S. Averages On Hold Ahead of Mega-Cap Tech Earnings and Rate Decision

Jan 30, 2024
Barry Adams
Stock traded sideways and investors looked ahead to monetary policy announcement from the the Federal Reserve on Wednesday. Investors digested a mix batch of earnings from GM, UPS, Whirlpool, and JetBlue.

GM UPS JBLU

Global Markets Hover Near Recent Highs as Investors Await Mega-cap Tech Earnings

Jan 29, 2024
Barry Adams
Tech stocks were in focus ahead of quarterly results from leading companies including Microsoft, Alphabet, and Amazon.com. Investors are also hoping to get more clarity about the interest rate path and the inner workings of the economy from policymakers on Wednesday.

U.S. Averages Hover Near Record Highs, Earnings Season Gathers Momentum

Jan 29, 2024
Barry Adams
Investors remained focused on quarterly results as leading tech and energy companies are scheduled to release earnings this week. The Federal Reserve is widely expected to hold rates steady on Wednesday.

Stocks on Wall Street Turn Lower, Inflation Measure Shows Cooling Trend

Jan 26, 2024
Barry Adams
Stocks on Wall Street looked down, and investors reviewed a fresh batch of mixed earnings.

U.S. Stocks Extended Gains to 6th Day After GDP Growth Accelerated and Inflation Slowed

Jan 25, 2024
Barry Adams
Defying loud and widespread predictions of a recession, the U.S. economy accelerated in 2023, supported by stable consumer spending and robust labor market conditions.

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.