[Chart courtesy of MarketWatch.com] The day started off with the Dow dragging its feet while the S&P 500 and Nasdaq made modest gains. What gave the market a bit of a boost? President Trump announced a finalized trade deal with Vietnam, which helped lift sentiment—at least for a moment. But then came the ADP private payroll report, and it wasn’t …
Fed Holds Rates Steady Amid Elevated Economic Uncertainty
[Chart courtesy of MarketWatch.com] Stocks received an early boost after Disney reported an unexpected jump in streaming subscribers, pushing its stock up by 10%. Adding to the early bullish sentiment was news that Treasury Secretary Bessent and a top trade official will meet their Chinese counterparts this week in Switzerland. Traders viewed this as a potential de-escalation on the trade …
Bitcoin Surges To $97k As Equities Rebound
[Chart courtesy of MarketWatch.com] The tech sector led this morning’s positive opening, driven by strong quarterly results from Microsoft and Meta. Both companies exceeded expectations, easing fears that the tariff war and a downturn in the U.S. economy might threaten the AI trade. It appears AI is less impacted than traders initially believed. Adding to the bullish sentiment was Microsoft’s …
Bitcoin Outperforms As Gold Slips And Dollar Recovers
[Chart courtesy of MarketWatch.com] Equities rebounded from yesterday’s selling spree, marking the fourth consecutive losing session, driven in part by global tensions and Trump’s recent criticism of the Federal Reserve. Major tech players like Tesla, Nvidia, Meta, and Amazon all advanced, while manufacturing giant 3M reported better-than-expected earnings, boosting its stock by approximately 6%. This earnings season has been frustrating, …
Markets Surge To Record Highs Following Trump’s Election Victory
[Chart courtesy of MarketWatch.com] This morning, the markets erupted with major benchmarks racing into record territory following Trump’s presidential election victory. The Dow led the charge, jumping over 3.5%, while Small Caps surged nearly 6%. The S&P 500 and Nasdaq also set new record highs. Small Caps, which are primarily domestic and cyclical, are expected to benefit significantly from Trump’s …
S&P 500 Rebounds: Is The Storm Over?
[Chart courtesy of MarketWatch.com] In the ever-shifting landscape of the financial markets, the S&P 500 has managed to rip higher, finding stable ground after a tumultuous week. This resurgence was largely fueled by a rebound in tech shares and a de-escalation of tensions in the Middle East, with a notable short squeeze lending major support. As traders cast their gaze …