Pre-Market Pulse 19th April – Hawkish Fed speakers & Netflix add to stock market woes
Equities notched their 5th straight day of losses, the longest losing streak since October, as hawkish Fed speak pushed treasury yields higher
Equities notched their 5th straight day of losses, the longest losing streak since October, as hawkish Fed speak pushed treasury yields higher
Equities continued to slide led by an Nvidia-led slide in tech just as fears of higher-for-longer Federal Reserve interest rates persist.
Stocks finished slightly lower in a highly volatile session as Federal Reserve Jerome Powell signaled the need for rates to remain higher for longer following recent inflation data that surprised to the upside.
Equities heavily sold off, pressured by a spike in Treasury yields as geopolitical tensions and stronger-than-expected retail sales data dented expectations for interest rate cuts and overshadowed strong earnings from banking giant Goldman Sachs.
Equities were sold off Friday as major Wall Street banks kicked off the earnings season with disappointing results, stoking worries about the strength of the upcoming earnings season at a time when inflation jitters remain front and center.
Anticipating next week’s US company earnings updates & economic figures.
Stay informed on the latest financial updates and trends.
Anticipating next week’s US company earnings updates. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.
Anticipating next week’s US company earnings updates. Key insights, market reactions, and expert analysis. Stay informed on the latest financial updates and trends.
Equities continued their dream run with the major indices locking in 7 weeks in a row of gains, a feat not accomplished since 2019
Equities finished higher as a tech-led rally underpinned by Alphabet and AMD offset losses in energy stocks ahead of the monthly jobs report due Friday.
Equities finished lower overnight as investors digested another round of softer jobs data pointing to a slowing economy, boosting hopes that sooner rather later rate Federal Reserve cut is on the horizon.
Stocks finished mixed overnight with downside momentum curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.