[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq kicked off the day on a high note, thanks to a big legal win for Alphabet. A federal judge ruled that Google can keep its Chrome browser and isn’t forced to sell off major assets, which had investors breathing a sigh of relief. Shares of Alphabet soared nearly 7%, while Apple …
Tough Start For Stocks, But Gold And Silver Shine
[Chart courtesy of MarketWatch.com] Stocks got off to a rough start this morning and just never caught a break, kicking off what’s usually a tricky month for the market. The major indexes finished solidly in the red, as traders grappled with fresh tariff drama and rising bond yields that sent Wall Street on edge—the 10-year pushed up to 4.27%, making …
Small Caps Lead, Gold Ticks Up, Bitcoin Rebounds
[Chart courtesy of MarketWatch.com] Today’s session reflected a blend of cautious optimism and earnings digestion. The Dow, S&P 500, and Nasdaq all closed at new record highs for the first time in 2025. I believe traders spent the day weighing Nvidia’s latest “good but not mind-blowing” earnings and a surprise upward revision to US GDP. Surprisingly, the Russell 2000 outpaced …
Stocks Rally As Fed’s Cautious Optimism Sparks Renewed Hope
[Chart courtesy of MarketWatch.com] Today’s stock market breathed a sigh of relief after a tough week, led by a solid rally sparked by Fed Chair Jerome Powell’s speech at Jackson Hole last week and Trump’s firing of Fed governor Cook. It’s my opinion Powell’s message opened the door to a possible interest-rate cut in September, which really energized investors. …
Wall Street Edges Higher As Fed Drama Unfolds
[Chart courtesy of MarketWatch.com] Wall Street turned in a steady performance today after a bumpy start to the week. The major indexes ended slightly higher: the S&P 500 gained 0.4%, the Nasdaq rose 0.44%, and the Dow edged up 0.3%. I believe traders are keeping a close eye on ongoing drama between the White House and the Federal Reserve, especially …
Rate Cut Buzz Fades, Traders Wait For Fresh Catalysts
[Chart courtesy of MarketWatch.com] After last week’s big Fed-driven rally, traders started the week on a more cautious note. The major indexes slipped today, with the Dow falling about 0.7%, the S&P 500 down 0.4%, and the Nasdaq in the red by -0.2%. I believe this minor retreat was mainly due to profit-taking and a bit of hesitation as investors …