[Chart courtesy of MarketWatch.com] The first trading day of July came in with mixed vibes. The S&P 500 and Nasdaq stumbled out of the gate, while the Dow decided to do its own thing and posted some early gains. Tesla took a 4% hit after former President Trump stirred the pot on social media, suggesting that DOGE should investigate the …
June Ends On A High Note As Markets Shake Off Trade Jitters
[Chart courtesy of MarketWatch.com] Stocks kicked off the last day of June on a positive note, riding the wave of last week’s bullish momentum. That upward push got an extra boost when Canada backed off its digital services tax to smooth over trade talks with the U.S.—a quick reversal after President Trump abruptly ended discussions just three days earlier. So, …
S&P 500 Eyes Record High—But Will The Rally Stick?
[Chart courtesy of MarketWatch.com] After a sluggish session yesterday, the markets finally found some upward momentum. The S&P 500 is now eyeing its all-time high from earlier this year, having surged more than 20% since its April low. That rally has officially erased the losses for investors who held on through the bear market turbulence. What’s fueling the optimism? Easing …
Bitcoin Bounces, Gold Shines, But Market Breadth Tells A Different Story
[Chart courtesy of MarketWatch.com] The S&P 500 and Nasdaq started the day on a positive note, with the S&P inching closer to its all-time high. The Dow, however, lagged. Tech stocks helped lift the mood early on—Nvidia jumped over 3%, with Alphabet and AMD also posting solid gains. So far this week, the S&P is up more than 2%, thanks …
Ceasefire Cheers Wall Street, But Powell Plays It Cool
[Chart courtesy of MarketWatch.com] Wall Street kicked off the day on a high note, thanks to tumbling oil prices and cautious optimism that the fragile ceasefire between Israel and Iran might actually stick. Crude dropped another 5% after yesterday’s 7% plunge, giving airline stocks a much-needed lift and setting a positive tone across the board. It was a classic “risk-on” …
Oil Drops, Stocks Pop: Traders Brush Off Geopolitical Risks
[Chart courtesy of MarketWatch.com] Despite the U.S. stepping into the Israel-Iran conflict over the weekend and bombing three nuclear sites, Wall Street opened higher and kept its cool. Traders were caught off guard by the strikes, especially after Trump’s Friday comments suggested a diplomatic route was still on the table. But with oil prices dropping instead of spiking, the feared …