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U.S. and European Markets Diverge On Different Outlooks for Rates and Earnings

Feb 17, 2023
Barry Adams
Benchmark indexes closed lower amid growing worries of aggressive rate hikes compounded by the weakening corporate earnings outlook but resilient consumer spending. European markets extended weekly gains on improving earnings outlook but Asian markets lacked direction.

U.S. Wholesale Inflation Rebound Reignites Rate Path Worries, Global Markets Power Ahead

Feb 16, 2023
Barry Adams
Market selloff intensified after wholesale inflation jumped and comments from a Federal Reserve official raised the prospect of an aggressive rate hike at the next meeting. Housing starts and building permits declined by double digits but completions rose in January .

Tech Stocks Extended 3-day Rally as Travel Sector Gathers Momentum Worldwide

Feb 15, 2023
Barry Adams
U.S. stocks advanced and tech-heavy Nasdaq Composite index closed higher for the third day in a row and extended this year's gain above 16%.

Inflation Cooled In January But Not Enough to Calm Nervous Investors

Feb 14, 2023
Barry Adams
Consumer price inflation moderated in January but stayed well above the target set by the Federal Reserve setting the stage for higher interest rates.

Stocks Advanced On Moderating Inflation Hopes

Feb 13, 2023
Barry Adams
Stocks advanced on Wall Street ahead of the CPI report on Tuesday. Crude oil and natural gas prices drifted lower and the European Commission raised its 2023 estimate of the Euro Area growth.

At Earnings Season Midpoint, Downward Revisions Take Center Stage

Feb 10, 2023
Barry Adams
World markets traded sideways amid slowing corporate earnings and the worries of rising interest rates kept investors on edge. With earnings season approaching the midpoint, downward revisions are taking the center stage.

Peak Interest Rates Level and Duration Worries Added to Lackluster Corporate Results

Feb 9, 2023
Barry Adams
Investors struggled to forecast earnings after lackluster corporate results and growing unease about the level and duration of peak interest rate.



Investors Face New Reality of Downward Earnings Revisions

Feb 8, 2023
Barry Adams
Investors are grappling with a new reality of falling earnings and growth after companies report headwinds from macroeconomic conditions, restrained consumer and stronger U.S. dollar.

Mixed Earnings Evaporate Previous Day's Gains On Wall Street

Feb 8, 2023
Barry Adams
Investors shift focus to corporate earnings and energy prices traded near one-year low amid rising tensions between the U.S. and China.

Stocks and Bond Yields Advanced After Powell Comments

Feb 7, 2023
Barry Adams
Market indexes shook off rate anxieties and tech stocks led today's advance after Chairman Powell said inflation is slowing but has a long way to go. U.S. Trade deficit soared after the international goods deficit expanded and service surplus shrank.

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.