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U.S. Equity Markets sold off sharply yesterday afternoon, finishing the day lower, led by the NASDAQ which ended the session with a loss of 2.63%. This move lower saw the VIX surge, closing higher by 17.80% at 19.66. Markets were mixed for most of the day ahead of...
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Despite much weaker than expected Payroll data U.S. equity markets rose to end the week with all three Indexes closing in positive territory, helped by the fact that both the Dow and S&P closed at new all-time highs. Jobs data were once again the big story....
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U.S. Equity Markets rose yesterday as strong jobs data outweighed inflation fears, as the Dow led the US Indexes higher with a gain of 0.93%. Strong jobs data again served as a tailwind for markets. Jobless claims fell again, hitting another post-pandemic low and...
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U.S. Equity Markets rebounded on strong economic data, before ending yesterday’s session mixed after the Dow made a new all-time high while the NASDAQ closed lower. Strong jobs data served as a tailwind for markets. ADP Employment Change data showed that 742,000 jobs...
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U.S. Equity Markets fell sharply as bond yields rose, before recovering some of these losses into the close. The NASDAQ led the decline, closing lower by 1.88%. Inflation fears and rising yields spooked markets. Remember, these factors disproportionately hurt...
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U.S. Equity Markets opened the week on a high note, with both the S&P and Dow closing higher while the NASDAQ finished yesterday’s session with a loss of 0.48%. Manufacturing data were mixed. ISM Manufacturing PMI fell unexpectedly in April as New Orders and...
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U.S. Equity Markets rose on a volatile day, finishing the day higher, led by the Dow which rebounded 300 points off its afternoon low to close higher by 0.72%. Markets opened higher before selling off and briefly turning negative. But they rose again through the...
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U.S. Equity Markets bounced around before briefly spiking after the Federal Reserve’s policy announcement, finishing the day mixed as the S&P again closed flat while the Dow finished with a loss of 0.48%. Markets were choppy again before the Fed’s...
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U.S. Equity Markets continued their choppy trade, finishing yesterday’s session mixed as the Dow and S&P closed flat while the NASDAQ 100 fell 0.47%. Economic data were positive, highlighted by a strong Consumer Confidence number. In the past two months, optimism...
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U.S. Equity Markets rose on the first day of a busy earnings week, led by the NASDAQ which ended yesterday’s session with a gain of 0.87% while the Dow closed lower by 0.18%. Markets bounced higher on a quiet day ahead of this week’s busy earnings calendar....
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U.S. Equity Markets ended the week on a high note, led by the NASDAQ which closed with a gain of 1.44%. Markets rebounded from Thursday’s late-day sell-off. Some of the fear over President Joe Biden’s capital gains tax proposal subsided. While the plan is likely...
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U.S. Equity Markets fell despite upbeat economic data, finishing the day lower, led by the NASDAQ 100 which closed lower by 1.25%. As a result the VIX spiked for the second consecutive trading session, closing 7% higher. Markets rose throughout the morning on strong...
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U.S. Equity Markets rebounded yesterday from the selling earlier in the week, with all three main Indexes closing in positive territory. The NASDAQ led the rally with a gain of 1.19%, while the VIX closed lower by 6.5%. Markets rose after starting the week with two...
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U.S. Equity Markets fell for the second straight day, with all three main Indexes closing lower by 0.75%, while the VIX closed 8% higher. There was still focus on overexuberance in the markets, with Goldman Sachs saying the S&P 500 short interest was near record...
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