Closing Recap U.S. stocks surged to new all-time highs as a surprise spike in jobless claims overshadowed a slightly hotter-than-expected CPI report, cementing expectations for a Fed rate cut next week; Treasury yields fell below key levels and gold held near records, while the dollar was mixed. In the currency markets, the U.S. dollar saw…
Closing Recap U.S. stocks finished mixed with a negative bias as a cooler-than-expected PPI report solidified Fed rate cut hopes but failed to ignite a broad rally, with investors showing caution ahead of tomorrow’s key CPI data; gold and oil were little changed, while the dollar was mixed and Treasury yields fell. In the currency…
Closing Recap U.S. stocks finished mostly higher in a choppy session, with the Dow and S&P 500 gaining while small caps lagged, as investors digested a massive downward revision to U.S. jobs data which solidified Fed rate cut hopes; gold hit another record, oil rallied on Mideast tensions, while the dollar reversed to finish higher. …
Closing Recap U.S. stocks finished mostly higher, with the Nasdaq climbing to a new record, as strength in semiconductors and large cap tech offset broader market caution; gold surged to another all-time high and Treasury yields fell as investors solidified bets on an imminent Fed rate cut. In currency markets, the U.S. dollar tumbled to…
Closing Recap U.S. stock futures indicate a mixed and cautious open as investors return from the weekend, digesting last week’s shockingly weak jobs report and political upheaval in Japan; gold is easing from record highs, oil is up on geopolitical risk, and the dollar is defensive ahead of key inflation data this week. Currency markets…
Closing Recap U.S. stocks are poised for a higher open, with investors cheering another round of soft labor market data that solidified expectations for a September Fed rate cut; gold is pulling back from all-time highs on profit-taking, oil is down on supply concerns, while the dollar is mixed and Treasury yields are falling ahead…
Closing Recap U.S. stocks are poised for a mixed and cautious open, as investors digest a sharp reversal in gold from record highs and look ahead to a heavy slate of U.S. labor market and services data; the dollar is steady, while Chinese equities are under pressure. Key Takeaways Market Overview U.S. equity markets are…
Closing Recap U.S. stocks finished broadly lower as markets returned from the holiday, pressured by a sharp sell-off in global government bonds and ongoing political uncertainty in Japan and the UK; gold surged to new all-time highs and oil gained on geopolitical risk, while the dollar firmed against a tumbling British Pound and against the…
Closing Recap U.S. stocks are set for a lower open, pulling back from Friday’s tech-led sell-off as investors return from the holiday weekend to face key manufacturing data and ongoing concerns about Fed independence; gold is hitting new all-time highs, while the dollar is mixed and Treasury yields are rising. Key Takeaways Market Overview U.S.…
Closing Recap U.S. stock futures are mixed in holiday-thinned trading after a tech-led sell-off on Wall Street Friday, as investors digest renewed U.S. tariff uncertainty and look ahead to a crucial U.S. jobs report this week; gold is rallying on safe-haven demand, while the dollar is on the defensive. Key Takeaways Market Overview U.S. financial…
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