[Chart courtesy of MarketWatch.com] Stocks burst out of the gate this morning, with major indexes surging as traders turned their attention to a heavy week of earnings reports, fresh inflation data, and growing hopes that the prolonged U.S. government shutdown might finally wrap up. Optimism got an extra boost after National Economic Council Director Kevin Hassett said he expects the …
Gold Soars, Yields Sink As Stocks Lose Steam
[Chart courtesy of MarketWatch.com] Stocks jumped out of the gate early on, fueled by upbeat bank earnings and optimistic forecasts from tech heavyweights that briefly pushed trade-war worries to the back burner. Big Tech helped keep the early rally alive—Nvidia gained 1.2%, while Broadcom rose another 2% after Taiwan Semiconductor lifted its 2025 revenue outlook to mid-30% growth and reaffirmed …
Bank Profits Fuel Rally, Gold And Silver Keep Climbing
[Chart courtesy of MarketWatch.com] The bulls wasted no time taking charge this morning, pushing stocks higher as a string of upbeat earnings easily outweighed any anxiety from escalating trade tensions with China. Big banks fueled the rally—Bank of America jumped 4% after smashing earnings forecasts thanks to a surge in investment banking revenue, and Morgan Stanley soared 6% on its …
Big Banks Rally, Gold And Silver Hit Highs As Trade Tensions Persist
[Chart courtesy of MarketWatch.com] The Dow pulled off an impressive comeback early on, shaking off a plunge of over 600 points as traders tried to see past the latest twists in U.S.-China trade tensions. While tech stocks like Nvidia remained stuck in reverse, a strong kickoff to earnings season offered a reassuring sign that corporate fundamentals are still holding up. …
Stocks Surge, Tech And Metals Lead The Charge
[Chart courtesy of MarketWatch.com] Stocks came roaring back Monday after President Trump toned down his tariff threats and struck a much calmer tone on China, saying trade relations “will all be fine”. His comments helped reverse much of Friday’s steep selloff when fears of a renewed trade war wiped out roughly $2 trillion in market value. Tech stocks were the …
Gold And Silver Lose Record Gains Amid Dollar Rally
[Chart courtesy of MarketWatch.com] The markets got off to a hot start, with the S&P 500 and Nasdaq hitting fresh all-time intraday highs early on, but things fizzled as the session wore on and all three major indexes slipped into the red by the close—though some late dip buying helped trim those midday losses. On the bright side, Costco’s stock …