[Chart courtesy of MarketWatch.com] Equities continued their downward slide today as Trump’s tariffs on China, Mexico, and Canada went into effect. The affected countries announced retaliatory measures, sparking fears among traders of an all-out trade war and its potential negative economic impacts. Monday’s market drop pushed the widely followed S&P 500 into the red for the year, with losses deepening …
Equities Stumble As Economic Data Raises Stagflation Fears
[Chart courtesy of MarketWatch.com] Equities started the first trading day of March with aimless meandering, leading to a rocky start. Soft economic data from the construction and manufacturing sectors released today raised concerns about the state of the economy, causing major indexes to head sharply south and nearly wipe out Friday’s gains. This reinforces the point that we have reached …
ETF Tracker Newsletter For February 28, 2025
ETF Tracker StatSheet You can view the latest version here. VOLATILE FEBRUARY ENDS WITH EQUITIES RECOVERING STRONGLY [Chart courtesy of MarketWatch.com] The major indexes advanced this morning as the much-anticipated PCE index, the Fed’s preferred inflation gauge, met expectations. The data showed that inflation eased slightly in January, increasing by 0.3% for the month and 2.5% on an annual …
Equities Fall As Jobless Claims Rise And Pending Home Sales Collapse
[Chart courtesy of MarketWatch.com] Despite Nvidia exceeding fourth-quarter estimates and providing strong AI guidance, mixed aspects of their earnings report led to an 8.5% drop in the stock. Major indexes followed suit, closing another session in the red. Adding to the market’s woes, Trump’s announcement that tariffs on Mexico and Canada would proceed as planned, effective March 4th after a …
Stagflation Concerns Weigh On Markets, Cryptos And Gold Show Mixed Reactions
[Chart courtesy of MarketWatch.com] After four consecutive losing sessions, the S&P 500 and other major indexes found some stability as bullish sentiment returned to Wall Street, at least initially. The Nasdaq led the way ahead of Nvidia’s earnings announcement, which is due after today’s close. In anticipation of a positive report, Nvidia gained 3.5% after a 3% advance on Wednesday, …
Consumer Confidence Plummets, Inflation Expectations Surge: Stagflation Fears Rise
[Chart courtesy of MarketWatch.com] The markets broadly declined, with the S&P 500 falling for the fourth consecutive day and the Nasdaq leading the downturn. The Dow fared the best, managing to close slightly in the green. Economic concerns took center stage as the latest Consumer Confidence survey plummeted from 105.3 to 98.3, well below the expected 102.5. This marks the …