Closing Recap U.S. stocks finished broadly lower, extending recent declines as investors digested stronger-than-expected GDP and jobs data while keeping a wary eye on a looming government shutdown; energy was the lone bright spot, while healthcare slumped, the dollar rallied, and Treasury yields rose. In the currency markets, the U.S. dollar rallied on the back…
Closing Recap U.S. stocks finished broadly lower in a quiet session, pulling back from record highs as investors digested a slew of mixed economic data and cautious commentary from Federal Reserve officials; the dollar firmed, gold plunged on overbought conditions and profit-taking, while Treasury yields were little changed. In the currency markets, the U.S. dollar…
Closing Recap U.S. stocks finished mixed with a slight downward bias as investors took a breather after a massive rally, with the S&P 500 snapping its 9-day win streak; markets digested cautious commentary from Fed Chair Powell, while the dollar firmed, gold hit another record, and Treasury yields were little changed. In the currency markets,…
Closing Recap U.S. stocks finished broadly higher, with the S.P. 500 and Nasdaq notching new record highs, as another AI-related mega-deal fueled the technology rally; the dollar weakened, gold surged to a new all-time high, and Treasury yields were little changed as investors awaited key Fed speeches. In the currency markets, the U.S. dollar was…
Closing Recap U.S. stock futures indicate a lower open, pulling back from last week’s record highs as investors adopt a cautious stance ahead of a busy week featuring key inflation data and numerous Fed speakers; gold is surging to new all-time highs on safe-haven demand, while the dollar is mixed and Treasury yields are steady.…
Closing Recap U.S. stocks surged to fresh all-time highs, led by a powerful rally in technology and small caps, as investors celebrated the Federal Reserve’s dovish stance and signs of a resilient U.S. economy; the dollar was mixed, Treasury yields climbed, while oil and gold prices pulled back. In the currency markets, the U.S. dollar…
Closing Recap U.S. stocks finished mixed in a choppy session dominated by the Federal Reserve’s policy meeting, as the Fed delivered an expected rate cut but offered a more measured outlook on future easing near ATH, causing an initial rally to fade; the dollar reversed to finish higher, while oil fell and gold was little…
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…
The Art of Prop Trading