insignia123
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Hey moomooers, Here is the latest Market Recap for you.
Stocks initially struggled to find direction after a round of mostly upbeat economic data, including a fall in new applications for unemployment benefits to a new pandemic low.
Stocks to watch: $Block (SQ.US)$, $Alcoa (AA.US)$, $Moderna (MRNA.US)$, $American Outdoor Brands (AOUT.US)$, and $Valero Energy (VLO.US)$
Market Snapshot
The $S&P 500 Index (.SPX.US)$
Stocks initially struggled to find direction after a round of mostly upbeat economic data, including a fall in new applications for unemployment benefits to a new pandemic low.
Stocks to watch: $Block (SQ.US)$, $Alcoa (AA.US)$, $Moderna (MRNA.US)$, $American Outdoor Brands (AOUT.US)$, and $Valero Energy (VLO.US)$
Market Snapshot
The $S&P 500 Index (.SPX.US)$
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Stocks set to dip, treasuries up amid growth worry: markets wrap
Asian stocks look set to follow U.S. shares lower Friday after concerns about the economic growth outlook came to the fore. Treasury yields retreated and the dollar held an advance.
Federal Reserve Chair Jerome Powell overnight defended the central bank’s accommodative stance in the face of uncomfortably high inflation. Officials expect a transient surge in price pressures amid the reopening from the pandemic, but some others fear stickier inflation that could hurt the economic outlook.
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Asian stocks look set to follow U.S. shares lower Friday after concerns about the economic growth outlook came to the fore. Treasury yields retreated and the dollar held an advance.
Federal Reserve Chair Jerome Powell overnight defended the central bank’s accommodative stance in the face of uncomfortably high inflation. Officials expect a transient surge in price pressures amid the reopening from the pandemic, but some others fear stickier inflation that could hurt the economic outlook.
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On Tuesday, the flow action started the session off sloppy with selective defensive tech names seeking bullish positioning, while inflation and reopening plays were littered with protection.
Flow cleaned itself up through the mid-session once morning put buying dried up and intraday sentiment flashed some green rates continue to head lower and dominate the tape with aggressive rotation into deflationary issues. First, it was the underbelly of growth that got this rotation started and now the scramble has been focused on the likes of...
Flow cleaned itself up through the mid-session once morning put buying dried up and intraday sentiment flashed some green rates continue to head lower and dominate the tape with aggressive rotation into deflationary issues. First, it was the underbelly of growth that got this rotation started and now the scramble has been focused on the likes of...
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insignia123
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$CapLand Ascendas REIT (A17U.SG)$ is it worth buying as a dividend stock?
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insignia123
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$Palantir (PLTR.US)$ what price do you think it will be 5 years later?
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