The market was quiet this morning after yesterday’s tech sell-off. The S&P 500 and the Nasdaq Composite fell in the previous session as investors reacted to a jump in bond yields. The jump in yields came on the heels of the announcement that President Biden would nominate...
Stocks ticked higher to kick off the holiday-shortened week. The week ahead will be packed with more retail and tech earnings, as well as some key economic data ahead of Thanksgiving and Black Friday.
On Wednesday, the University of Michigan will release its final...
Stocks ticked higher this morning, starting the day a stone's throw away from their record highs. The Dow is 1.7% from its ATH, while the Nasdaq and the S&P 500 are 0.8% and 0.6% from their records.
Meanwhile, economists are keeping an eye on...
Trading was muted this morning as investors digested fresh economic data and company earnings from major retailers. Yesterday the Commerce Department reported that retail sales rose 1.7% in October, indicating that U.S. consumers are ramping up spending despite rising prices. The major indices ticked upward in the...
After starting the week mixed, better than expected earnings results from major retailers Walmart (WMT) and Home Depot (HD) helped boost stocks. Inflation fears are weighing heavy on investor sentiment as stocks hover near record highs. Volatility could pick up as we round the corner into 2022.