The U.S. markets are headed for a weak start following renewed trade tensions between the U.S and China. President Trump has said that he canceled the weekend trade talks with China and added that he was not willing to talk to China right now. At the same time, the U.S government has warned American universities …
Stocks to Watch as Fears of a Renewed China/U.S Trade War Dampens Markets Read More »
The markets are mixed this afternoon. The S&P 500 is hovering between positive and negative territory after testing pre-COVID-19 levels earlier in the day. The price action reflects the sentiment in the market at the moment. On one hand, investors are looking forward to stronger markets after proving to be resilient all through the pandemic. …
It’s a good start to the markets this morning. All the major indices are in the green after major retailers posted strong revenue numbers. Earlier in the day, Walmart reported its Q2 earnings and they were much better than the consensus estimates. The company reported that comparable same-store sales were up by 9.3% in the …
Stocks to Watch as Big Retailers Raise Market Optimism Read More »
This afternoon, the markets are up, in a continuation of the trend that started earlier in the day. The S&P 500 has in the last few hours retested its February highs. This follows increased optimism that the U.S could be returning to pre-crisis normalcy. The optimism is twofold. On one hand, biopharma has over the …
Top Performing Stocks as Markets Rally Back to Pre-COVID-19 Levels Read More »
The markets have started the day in positive territory, and the S&P 500 is trading close to record highs. This comes amidst rising optimism that a COVID-19 vaccine is close. There is also the fact that market dynamics point to economic resilience despite the pandemic. The markets are also looking forward to a host of …
Stocks to Watch as Market Sentiment Points to a Strong Day Read More »
It’s a mixed afternoon in the stock markets after retail data missed estimates. The consensus was that the retail sales would rise by 2.1% in July, but the numbers came back at 1.2%. This shows that the economy is still weak and may be in need of another bailout. However, there is optimism that the …
Top Performers Braving the Mixed Market Sentiment Read More »
The markets are headed for a weak start to the day, as investors await retail sales data. It is widely expected that July data will show a slowdown compared to June data. The numbers are expected to show an increase of 2.1% compared to 7.5% in June. The slowdown is an indicator of the depletion …
The markets are up this afternoon with the NASDAQ and the S&P 500 both in the green. This follows the release of better than expected unemployment data by the Labor Department. The department has announced that weekly jobless claims dropped for the first time in 5 months. The markets were expecting jobless claims to come …
Top Performers as Better Than Expected Unemployment Numbers Uplift Markets Read More »
The markets are set for a flat start this morning. On one hand, investors are looking forward to the entry of a COVID-19 vaccine, which could help rejuvenate the economy. Even before the vaccine comes, the markets are projecting an end to the lockdowns that have now become a part and parcel of life. However, …
Stocks to Watch Even as Market Sentiment Points to a Flat Trading Day Read More »
The stock markets are headed to a good start this morning. Analysts expect that with Russia’s move to approve a vaccine, the west will also move fast to release one. A vaccine surprise now, or in the near future, could send the markets rocketing as it would offer hopes of a full economic reopening. As …
Stocks to Watch as Hopes of A COVID-19 Vaccine Drive Up Markets Read More »
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