Stocks Drop as Investors Parse Through Inflation Data and Hawkish Fedspeak
Inflation data and hawkish Fed comments continued to impact markets. AI headlines are masking Google’s (GOOGL) profitability problems.
Daily Market Wrap
Stocks Slide as Inflation Data, Fed Comments Concern Investors
Stocks slid on Thursday as investors worry about more interest rate hikes. Our chart of the day is the one-year chart of InMode (INMD).
Stocks Go Up After Strong Retail Sales Data
Stocks were up on Wednesday as investors gauge latest retail sales and inflation data. Let’s look at the ten-year chart of MasterCard (MA).
Stocks End the Day Mixed Following Rise in Inflation in January
Stocks traded mixed on Tuesday after hotter inflation data. David Sharek believes that Arista Networks (ANET) is today’s Cisco Systems.
Stocks Rise Ahead of Tuesday’s Inflation Report
Stocks climbed on Monday as investors await latest inflation data. ServiceNow (NOW) got a surge in new business last qtr.
Stocks Close Mixed to End the Week; NASDAQ Snaps Five-Week Winning Streak
Stocks closed a volatile session with mixed results on Friday. Let us look at the ten-year chart of Johnson & Johnson (JNJ).
Stocks Fall After Fed Chair’s Hawkish Speech
Stocks slid on Wednesday after Fed Chair conveyed hawkish tones. Tractor Supply (TSCO) continued to thrive with profit growth of 26%.
Stocks Soar After Fed Chair Powell Remarks Declining Inflation
Stocks soar on Tuesday after Fed Chair comments. Lower chemical prices and shipping rates could boost Sherwin-Williams’ (SHW) profits.
Stocks Decline as Bond Yields Grow
Stocks closed lower on Monday as treasury yields jumped. Microsoft (MSFT) is delivering lackluster profit growth right now.
Stocks Fall on Friday After Strong Jobs Report
Stocks tumbled on Friday after latest jobs report was higher than expected. Let us look at the one-year chart of American Express (AXP).
Tech Leads Market Rally as Nasdaq Grows 3%
Meta’s (FB) better-than-expected earnings fueled market rally on Thursday. Let us look at the one-year chart of Tesla (TSLA).
Fed Chair’s Comments on Disinflation Spark Market Rally
Stocks rose on Wednesday after Fed’s rate hike. UnitedHealth’s (UNH) profit growth is expected to simmer down in the upcoming quarters.