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$BABA-W (09988.HK)$ to the moon?
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$Apple (AAPL.US)$ up up and away!
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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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