Stocks Pick of The Week - US Inflation Fears Shake Markets as Tesla, AMD, and Microsoft Make Bold Moves
Last week, US stock indices experienced some fluctuations. On Thursday, the S&P 500 slipped by 0.2%, closing at 5,780, while the Dow Jones Industrial Average and the Nasdaq also fell by 0.1% each....
Strong Payroll Report Boosts Market Outlook Across Currencies, Oil, Gold, and Bitcoin
September’s strong payroll report has quelled recession fears, with a boost of 254,000 jobs, far exceeding expectations of 150,000. This solid job growth strengthens the outlook for a soft landing...
Stocks Pick of The Week - Stocks Steady as Analysts Eye Potential Year-End Rally
After a rocky start to October, Wall Street is uncertain about near-term catalysts for stocks. Despite tensions in the Middle East driving the biggest oil price rally since March 2023, the major...
Market Shifts: Rising Treasury Yields, Silver Surge, and Mixed Sentiments on Bitcoin and Oil
Despite the Federal Reserve's recent half-point interest rate cut, Treasury yields—particularly the 10-year notes—have risen, signalling potential concerns. Market professionals attribute this to...
Stocks Pick of The Week - Market Highs Soar Amid Economic Optimism and Corporate Shifts
"Semantic satiation" describes how repetition can make a word lose its meaning—yet the phrase "all-time high" remains fresh in markets. On Thursday, the S&P 500 hit a new high of 5,745, rising 0.4%....
Fed rate cut ignites market rally with record S&P 500 highs, soaring gold, and rising oil
Bank of America reassured investors that concerns about the market rallying too much before the recent Federal Reserve rate cut are unfounded. Following the Fed's first interest rate cut in years,...
Stocks Pick of The Week - Market Hits Record Highs as Volatility and Key Shifts Loom
This week could be pivotal in determining if stocks can maintain their momentum after hitting an all-time high. The Dow topped 42,000 and the S&P 500 broke 5,700 after the Federal Reserve's...
Fed's First Rate Cut in 2 Years Sparks Market Moves
The Federal Reserve is expected to make its first interest rate cut since it began raising rates in March 2022, with the current rate between 5.25% and 5.5%. Investors hope the cut will help...
Stocks Pick of The Week - Stocks Rise on Fed Hopes, While Boeing, Tesla, and Moderna Face Challenges
Stocks rose on Friday, with the S&P 500 and Nasdaq Composite posting their strongest week of 2024. The S&P 500 rose 4%, the Nasdaq Composite gained 5.9% for the week, and the Dow increased by 2.6%....
