ETF Tracker StatSheet You can view the latest version here. EQUITIES FALL AS STRONG JOBS REPORT DIMS RATE CUT HOPES [Chart courtesy of MarketWatch.com] This morning, equities took a hit as the latest economic reports dampened traders’ expectations for further rate cuts in 2025. The jobs report revealed that U.S. payrolls grew by 256,000 in December, significantly surpassing the …
Markets Stabilize As Dip Buyers Lift Dow And S&P 500
[Chart courtesy of MarketWatch.com] The markets continued to face challenges following significant declines in big tech stocks during the previous session. Traders are primarily concerned about the trajectory of interest rate cuts, which are crucial for maintaining the bullish cycle. Adding to the negative sentiment were reports indicating that private sector job creation in December fell more than expected, while …
Gold Gains Amid Market Turmoil And Dollar Rally
[Chart courtesy of MarketWatch.com] This morning, the markets experienced a significant downturn, with the Nasdaq leading the decline. Bond yields spiked, with the 10-year yield rising by 6 basis points to 4.70%, its highest level since April 2024. This spike was driven by the ISM Services Inflation Index, which surged to nearly two-year highs, casting doubt on the Federal Reserve’s …
Tech Sector Hits Record Highs, Bitcoin Surges
[Chart courtesy of MarketWatch.com] The markets opened on a positive note following last week’s pullback. The chip sector played a significant role in driving stocks higher, with Nvidia gaining nearly 5% early on, while Broadcom and Micron added 2.9% and 9%, respectively. Early bullish sentiment was further supported by a Washington Post report suggesting that Trump’s tariff plan would be …
ETF Tracker Newsletter For January 3, 2025
ETF Tracker StatSheet You can view the latest version here. MARKET RALLIES AS TRADERS SHAKE OFF LOSING STREAK [Chart courtesy of MarketWatch.com] Early in the session, the broad market rallied as traders attempted to shake off a five-day losing streak and overcome a volatile start to 2025. Their efforts finally paid off. Nvidia led the tech sector with a …
Tech Giants Struggle As Major Indexes Reverse Early Gains
[Chart courtesy of MarketWatch.com] After a weak close to an otherwise strong 2024, the markets opened on a positive note, buoyed by Nvidia and the energy sector, which helped to boost bullish sentiment. However, despite this encouraging start, the major indexes reversed course, and the gains evaporated, leading to a moderate close in the red. The silver lining was that …