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U.S. Stocks Edge Higher Ahead of Fed's Rate Decision and Commentary

Dec 13, 2023
Barry Adams
Stock market indexes edged higher, and investors awaited the Fed's rate decision later in the day. Investors are looking forward to gaining deeper insights into how policymakers think about future rate paths, the inner workings of the economy, and labor market conditions.

Modest Gains In European Stock Markets, Eurozone Industrial Output Dropped

Dec 13, 2023
Bridgette Randall
European markets edged slightly higher ahead of the rate decisions from the European Central Bank, the Federal Reserve, and the Bank of England. UK GDP unexpectedly contracted in October amid declines in manufacturing, construction, and services.

S&P 500 and Nasdaq Hit New 52-week Intraday Highs, Crude Oil Plunged 4%

Dec 12, 2023
Barry Adams
Stocks advanced and crude oil prices dropped after the latest inflation report showed a cooling trend in November. Rising crude oil supplies in the global markets from the U.S., Canada, Brazil, and Guyana also weighed on market sentiment.

U.S. Stocks Pull Ahead, Core Inflation Held Steady at 4%

Dec 12, 2023
Barry Adams
Stocks advanced after the release of the consumer price inflation report. Overall inflation eased in November, but core inflation held steady at a rate significantly higher than the target rate set by the central bank.

U.S. Major Averages Advance Ahead of Inflation Reports and Fed Decision, Deflation Worries Grip China Stocks

Dec 11, 2023
Barry Adams
Market indexes rested ahead of the release of inflation reports and the Federal Reserve's rate decision and economic and inflation forecast. European markets traded near recent highs, and market indexes in China struggled after the worries of deflation gripped market sentiment.

U.S. Stocks Rest Awaiting Fed's Interest Rate Decision

Dec 11, 2023
Barry Adams
Stocks lacked direction, and 10-year Treasury yields were in focus ahead of the Federal Reserve's rate decision on Wednesday.

U.S. Stocks Struggled, Treasury Yields Declined after Nonfarm Payrolls Accelerated

Dec 8, 2023
Barry Adams
The U.S. economy added jobs at a faster pace in November, and wage gains were in line with expectations. 10-year Treasury yield jumped on the worries that the labor markets are tighter than previously estimated.



Lululemon Athletica Quarterly Sales Rise 19%, Expands Stock Repurchase Plan

Dec 8, 2023
Scott Peters
The specialty apparel retailer said international sales soared but net income declined. The company board approved an additional stock repurchase plan of $1 billion.

LULU

Dollar General Estimated Sales Growth Weakness to Persist

Dec 8, 2023
Scott Peters
The deep discount retailer struggled to control its inventories as customers stayed limited to basic product categories and searched for bargains.

DG

Chewy Swung to Quarterly Loss, Gross Margin Expands to Record High

Dec 7, 2023
Scott Peters
The online pet food and pet products retailer swung to a quarterly loss after non-cash employee expenses rose.

CHWY

Nasdaq and S&P 500 Halt 3-day Losing Streak, Continuing Jobless Claims Sank

Dec 7, 2023
Barry Adams
Benchmark indexes halted a three-day losing streak, and chip makers and big tech stocks led the gainers. Treasury yields retained a downward bias ahead of the release of nonfarm payrolls report on Friday.

U.S. Market Indexes and Treasury Yields Retain Downward Bias

Dec 7, 2023
Barry Adams
Market indexes lacked direction in early trading, and investors appeared exhausted after stocks rallied for five weeks in a row. Investors remained focused on the labor market, and expectations ran high that the nonfarm employment report would confirm the cooling trend.

Toll Brothers Quarterly Earnings and Home Backlog Declined

Dec 6, 2023
Scott Peters
The luxury home builder estimated weaker average home prices and fewer home sales in its fiscal year 2024 as buyers struggle with affordability and elevated mortgage rates.

TOL

Investors Look Ahead to Nonfarm Payrolls Report, Crude Oil Prices Dropped to 5-month Low

Dec 6, 2023
Barry Adams
Treasury yields and crude oil prices declined after the latest jobs report showed a cooling trend. Crude oil prices fell to five-month lows. The U.S. trade gap widened slightly in October after exports fell and imports rose.



U.S. Stocks Lacked Direction with Focus on Labor Market

Dec 6, 2023
Barry Adams
Stocks lacked direction in early trading, and investors focused on the latest updates on the job market and awaited the release of the nonfarm payrolls report.