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Stocks Extend Gains Ahead of Rate Decision, Oil Advances

Dec 14, 2022
Barry Adams
Stocks on Wall Street extend gains ahead of the rate decision. Energy prices rebounded on the hopes of tighter demand supply conditions as winter conditions deteriorate in the northern hemisphere.

Global Markets Advance After Inflation Eased, SBF Denied Bail

Dec 13, 2022
Barry Adams
With all eyes set on the Federal Reserve's rate actions tomorrow, investors are cautiously optimistic of a moderate rate hike. A judge in the Bahamas denied bail to the former chief executive of FTX.

Major Averages Jump 2% After Inflation Cooled In November

Dec 13, 2022
Barry Adams
Tech and energy stocks led the market advance after November inflation cooled. The euro and the pound rose to six-month highs against the U.S. dollar.

Merger Monday Lifts Indexes, U.S Budget Deficit Soared 30%

Dec 12, 2022
Barry Adams
Merger news dominated Monday's trading session ahead of the year's end and final rate decision of 2022 from the central banks in U.S., the eurozone and the U.K.

Stocks Advance Ahead of Rate Decisions and Inflation Data This Week

Dec 12, 2022
Barry Adams
Benchmark indexes traded higher ahead of rate decisions from central banks in the U.S., Europe and the U.K. Consumer expectations of forward looking inflation edged lower for the next year.

U.S. Stocks Accelerate Losses On Inflation Worries, Global Markets On Edge

Dec 9, 2022
Barry Adams
Market sentiment weakened ahead of consumer inflation data and interest rate decision next week as moderating inflation narrative faced headwinds.

Stocks Turn Volatile, Wholesale Inflation Stays Elevated In November

Dec 9, 2022
Barry Adams
The wholesale price index in November indicated that inflation is deeply entrenched in goods and services sectors of the economy and slowing the future price increases to the Fed's target level will take time.



Global Markets In Holding Pattern, FTC Seeks to Block Activision Deal

Dec 8, 2022
Barry Adams
Major averages closed higher and crude oil traded near one-year low as investors look ahead ahead to the release of inflation data next week. The FTC sued to block the largest acquisition in the video game industry and the largest purchase by Microsoft.

Stocks Rebound After 5 Days of Losses, Jobless Claims Rise for 8th Week

Dec 8, 2022
Barry Adams
Major averages rebounded on the hopes that the Federal Reserve may be able to avert a recession while continuing its campaign against high inflation.

Market Volatility Returns, Oil Drips to New Low, Freight Rates Plunge

Dec 7, 2022
Barry Adams
Volatility returns to stock trading and crude oil drops to a level not seen since a year ago. Bond yields dropped in the U.S., Europe and Asia as central banks around the world moderate or pause rate hikes.

Recession Fears Drag Stocks and Bonds and Oil Falls to 11-month Low

Dec 7, 2022
Barry Adams
Stocks were on the defensive on the worries that the U.S. economy may be too hot and the Federal Reserve may have to continue with its aggressive rate hike campaign.

German Factory Orders Drop, Russian Tankers Face Delays Through Turkey Straits

Dec 6, 2022
Bridgette Randall
European markets extended losses after rate anxieties and domestic demand worries resurfaced. Oil tankers carrying Russian crude face additional delays after Turkey imposed EU sanctions.

Signet Same Store Sales Drop 7.6%, Quarterly Sales Rise 2.9%

Dec 6, 2022
Scott Peters
Sales growth slowed at the retailer after two years of strong growth and net income declined after selling and general expenses rose in the quarter. The high-end jeweler retailer sounded optimistic about the upcoming holiday sales.

SIG

Movers: AutoZone, BuzzFeed, GitLab, Herbalife, NRG Energy, Signet, Sumo Logic, Textron

Dec 6, 2022
Scott Peters
AutoZone earnings dropped on higher costs and inventories rose. BuzzFeed plans to cut 12% of its workforce Signet Jewelers revised its adjusted operating margin outlook.

AZO HLF SIG TXT GTLB NRG SUMO


Resilient Economy and Tight Labor Market Worry Investors

Dec 6, 2022
Barry Adams
Major averages extended this week's losses and investors worried that the hotter-than-expected economic activities and tight labor market conditions may force the Federal Reserve to continue its aggressive rate hike campaign.