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Closing Recap U.S. stocks finished broadly higher, with the S&P 500 and Nasdaq notching new record highs as a surprisingly weak private payrolls report fueled aggressive Fed rate cut bets, allowing investors to shrug off the start of a government shutdown; gold surged to another record high, while oil and the dollar fell. In the…
Closing Recap U.S. stocks finished broadly lower as the official start of a partial government shutdown overshadowed recent market optimism, leading to concerns about potential economic data delays; gold surged to another record high on safe-haven demand, while oil prices plunged and the dollar weakened further. In the currency markets, the U.S. dollar fell for…
Closing Recap U.S. stocks finished broadly higher, shrugging off new tariff announcements as in-line inflation data solidified hopes for continued Federal Reserve rate cuts; gold stocks and utilities rallied, while Treasury yields rose on a quiet day for bonds. In the currency markets, the U.S. dollar weakened as investors exercised caution ahead of a potential…
Closing Recap (Week Ending September 26) U.S. stocks saw a strong Friday rebound, snapping a three-day losing streak, but it wasn’t enough to prevent major indices from ending the week in negative territory for the first time in a month. In currency markets, the US Dollar saw a volatile week driven by Fed expectations and…
Closing Recap (Week Ending September 19) U.S. stocks continued their incredible run, with all four major indices hitting new record highs this week, propelled by a dovish Federal Reserve that cut interest rates by 25 basis points and signaled more easing to come. In currency markets, the US Dollar rebounded from four-year lows post-Fed as…
Closing Recap (Week Ending September 12) U.S. stocks finished a quiet Friday with modest losses but secured another week of gains, holding near all-time highs as investors brace for a pivotal Federal Reserve policy meeting. In currency markets, the US Dollar was choppy and had a rough week, but ended mostly higher on Friday after…
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