Today’s market action was mostly muted, as would be expected given today is a bank holiday. The S&P 500 became mostly bearish about 90 minutes into the session but bounced back sharply to erase most of this session’s losses towards the end of the day. Healthcare mostly mimicked the action of the overall market, but biotechs as a whole performed worst of the three. Here’s a recap of today’s action.
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 […]
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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 […]
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A milestone moment for Prosper Trading Academy. Scott Bauer rang the closing bell at the Chicago Board Options Exchange alongside the Prosper team, then sat down with FINTECH.TV to share what his time on the floor taught him and what he sees coming for markets right now.
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Scott Bauer joined the IBKR Podcast this week to break down what moved markets last week and what investors need to watch heading into the next stretch of earnings season. From lagging inflation data to big tech CapEx concerns, Scott did not hold back.
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The Dow rose more than 1% to a record closing high on Thursday ahead of the long holiday weekend as a softer-than-expected U.S. jobs report eased worries about interest rate hikes, while another sharp drop in chipmaker stocks weighed on the Nasdaq. The second half of 2026 kicked off this week much the same as […]
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A renewed sell-off in technology stocks grabbed headlines this week. The Nasdaq index fell 4.5%, closing lower 5 days in a row, led by a large 5.5% decline in the so-called Magnificent 7 mega cap names. Meanwhile, the post IPO exuberance around SpaceX appears to be fading, with shares now down 25% from their peak. […]
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