Closing Recap U.S. stocks finished mostly lower in a quiet session as investors awaited the Federal Reserve’s pivotal policy decision this afternoon, pulling back slightly from recent record highs; gold surged to another all-time high, oil rallied, while the dollar plunged to multi-year lows. In the currency markets, the U.S. dollar was crushed, with the…
Closing Recap U.S. stocks are poised for a higher open, with the S&P 500 and Nasdaq looking to extend their winning streaks to a ninth consecutive day as investors show zero fear ahead of the Federal Reserve’s pivotal two-day policy meeting which begins today; gold is hitting new all-time highs, the dollar is at multi-month…
Closing Recap U.S. stock futures indicate a mixed and quiet open as investors adopt a cautious stance ahead of the Federal Reserve’s pivotal two-day policy meeting this week; global markets were mostly higher, gold is easing from record highs, oil is up slightly, and the U.S. dollar is attempting to stabilize after recent weakness. In…
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…
The Art of Prop Trading