Tag: trading day:
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Trading Day: The only way is up
ORLANDO, Florida, Aug 3 : World stocks leaped to record highs on Tuesday, boosted by a relentless stream of strong U.S. and global earnings, with another slump in oil prices on Middle East peace hopes pushing down on bond yields and boosting investor sentiment also.In my column today, I dig deeper into Americ
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Trading Day: $100 oil looms
ORLANDO, Florida, July 22 : The Nasdaq fell on Wednesday, dragged down by software stocks ahead of some major tech earnings reports, while deepening conflict in the Middle East pushed oil prices sharply higher again and Brent crude closer to the $100 a barrel mark. In my column today, I look at the yen’s sli
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Trading Day: A chip on our shoulder: Volatile semis drag US stocks lower, crude jumps
NEW YORK, July 7 : Wall Street stocks followed their European counterparts lower amid a chip-driven tech selloff on Tuesday as a flare-up of Middle East tensions sent crude prices higher.I will go into more detail on today’s market moves below. If you have more time to read, here are a few articles I recommen
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Trading Day: Wall Street gains, Dow hits record closing high as fragile US-Iran truce holds
NEW YORK, June 29 : U.S. stocks followed their world counterparts higher on Monday, with the S&P 500 and the Nasdaq snapping five-day losing streaks and the blue-chip Dow notching an all-time closing high as the U.S. and Iran halted attacks and took steps toward de-escalation. I will go into more detail on to
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Trading Day: Tech outlook is cloudy
ORLANDO, Florida, June 25 : It was a day of modest reversals across currencies and commodities on Thursday, to varying degrees, as the dollar rally and oil slump paused for breath. Meanwhile, stocks in Europe and Asia rose, but megacap tech weakness weighed on Wall Street. In my column today, I look at the wi
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Trading Day: Tech jitters smother inflation relief
ORLANDO, Florida, June 24 : U.S. bond yields tumbled on Wednesday as oil’s slide to a four-month low eased inflation fears, although the relief wasn’t felt as much in equity markets and persistent worries over tech valuations pushed the S&P 500 and Nasdaq lower.In my column today, I look at why the dollar’s s
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Trading Day: Stocks rally, oil hits pre-Iran-war lows as Strait of Hormuz reopens for business
NEW YORK, June 18 : A tech-powered rally boosted U.S. stocks on Thursday, while crude prices dropped as supertankers sailed through the reopened Strait of Hormuz hours after U.S. President Donald Trump signed a peace deal with Iran.With U.S. markets closed on Friday in observance of Juneteenth, Wall Street’s
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Trading Day: US stocks mixed, oil slides, SpaceX continues its ascent
NEW YORK, June 16 : Wall Street was mixed on Tuesday as tech shares weighed on the S&P 500 and the Nasdaq while the Dow notched another record high and crude prices resumed their post-Iran-peace-deal slide.I will go into more detail on today’s market moves below. If you have more time to read, here are…
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Trading Day: US-Iran war halted – now what?
NEW YORK, June 15 : U.S. stocks rallied on Monday and crude prices dropped after the U.S. and Iran announced they have reached a deal to end the war and reopen the Strait of Hormuz, the closure of which has rattled markets worldwide and sparked fears of systemic inflation.I will go into more detail on…
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Trading Day: Peace beckons … again
ORLANDO, Florida, June 11 : Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S. President Donald Trump canceled planned strikes on Iran and said a peace deal could be signed as soon as this weekend. In my column today, I look at why the record-breaking
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