This week, Nvidia (NVDA) and tech positivity sustained market gains despite losses on Friday after Federal Reserve Chairman Kevin Warsh spoke and September interest rate-hike odds nearly doubled. INFLATION EXPECTATIONS MUST BE ‘CLOSELY MINDED’ It was his comments on inflation that arguably went the furthest to meet what some had seen as a gap in […]
Read Article
Some intraday volatility returned to the market as treasury yields remained elevated, particularly on the long end of the curve. Investors continued to monitor developments in the Middle East and the new tariff situation with Canada. Equity investors have been taking their cues from the direction of U.S. government bond yields in recent sessions as […]
Read Article
Earnings continued to move stocks this past week as the S&P 500 and Russell 2000 hit new highs. The S&P 500 index on Thursday crossed 7,800 for the first time after hitting an intraday all time high of 7,816.70. With the S&P 500 trading just below record highs, the index is valued at about 20 times expected […]
Read Article
Stocks posted a second straight week of gain and the S&P 500 closed above 7,700 for the first time ever earlier this week. The Nasdaq gained over 5% thanks to a bounce-back in chip stocks as the iShares Semiconductor ETF (SOXX) rallied more than 7% this week. The Dow, also had a nice run as all three indexes […]
Read Article
