[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 …
Economic Weakness And AI Concerns Weigh On Markets
[Chart courtesy of MarketWatch.com] Despite opening on a positive note, the major indexes wavered and fell below their respective unchanged lines. The Dow showed the most resilience, ending as the only index to close in the green. The tech sector experienced the steepest decline, with companies like Palantir, Nvidia, and Microsoft pulling back. A report indicating that Microsoft is cutting …
ETF Tracker Newsletter For February 21, 2025
ETF Tracker StatSheet You can view the latest version here. GOLD SHINES AMID MARKET TURMOIL, BITCOIN STUMBLES ON CHINA NEWS [Chart courtesy of MarketWatch.com] A weak consumer sentiment reading and a nearly 9% drop in UnitedHealth stock combined to dampen any bullish sentiment, causing major indexes to dive early on. According to the Wall Street Journal, UnitedHealth is under …
Retailers Drag Markets Down Amid Economic Uncertainty
[Chart courtesy of MarketWatch.com] Equities dropped this morning as the S&P 500 retreated from yesterday’s new all-time high, following a disappointing forecast from Walmart. The stock fell over 6.5% after the company announced lackluster fiscal year sales growth of 3-4% and a 2026 earnings outlook that fell below expectations. This weak guidance raised concerns about the health of the consumer. …
Equities Rebound On Fed Taper Hints; Dollar And Bitcoin Rally
[Chart courtesy of MarketWatch.com] After yesterday’s record session for the S&P 500, the major indexes pulled back moderately due to concerns about persistent inflation and proposed trade tariffs by Trump. He suggested imposing duties of up to 25% on imported autos, chips, and pharmaceuticals. Among the S&P 500 sectors, Materials were the worst performers, losing around 1%, while Energy defied …