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Nasdaq-100 Hits Record High, Meta's Rally Powers Tech Surge
Tuesday, February 18, 2025 - 3:33pm | 676Read More...The Nasdaq-100 surged to a fresh all-time high of 22,191.37 on Tuesday, as tech stocks continued their relentless climb. The Invesco QQQ Trust (NASDAQ:QQQ), the most popular ETF tracking the index, also notched a new 52-week high of $540, reflecting the broader tech momentum. Meta's Unstoppable...
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US Stocks To Open On A Positive Note After A String Of Bad Mondays: Recent Dip Has 'Reached Its Low Point,' Says Technical Analyst
Monday, February 10, 2025 - 7:54am | 1924Read More...U.S. stock futures rose on Monday after Friday’s sharp fall as investors digested the tariff updates and earnings reports. All four benchmark indices were trading higher. Investors will look out for inflation data slated to be released on Wednesday this week. The week’s corporate...
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S&P 500 Rally 'Susceptible To Stalling,' Expert Says: Is SPY Heading For Break Or Pullback?
Friday, January 24, 2025 - 10:34am | 685Read More...The S&P 500 has been on a tear lately, gaining 25.68% over the past year. The SPDR S&P 500 ETF Trust (NYSE:SPY), which tracks the index, came in just behind with a rise of 25.62%. But while investors enjoy the bullish ride, the question looms: is the rally here to stay, or is a stall on the...
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US Stocks Set To Open Lower After Bank Of Japan Rate Hike: Analyst Recommends 'Overweight' Equities Despite Negative Market Breadth
Friday, January 24, 2025 - 6:52am | 1370Read More...U.S. stock futures fell on Friday following a 25 basis point rate hike by the Bank of Japan. Futures of all four indices declined. BOJ hiked the interest rates to 0.5% from 0.25%, the highest in 17 years since the 2008 financial crisis. The market closed higher on Thursday extending their winning...
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S&P 500 Ends 2024 23% Higher, Experts See Double-Digit Growth For 2025
Tuesday, December 31, 2024 - 6:21pm | 461Read More...The S&P 500 wrapped another remarkably prosperous year on Tuesday, notching a second consecutive year of 20% gains and more than 50 record highs. All three major indices ended Tuesday in the red, with the S&P 500 down 0.43%, the Nasdaq down 0.9% and the Dow Jones Industrial Average...
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Friday The 13th: An Unlucky Day For The Stock Market?
Friday, December 13, 2024 - 5:12pm | 490Read More...The stock market’s performance on Friday the 13th is generally positive, contrary to superstitious beliefs. Historical data shows that the supposedly unlucky day has actually been favorable for investors. What To Know: There are many origin stories related to Friday the 13th. Some...
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Wall Street Poised To Open Higher As TSMC Earnings Expected To Kick Off Rally In Tech Stocks: Strategist Says AI Trade Will Have Legs Even In Case Of Recession In 2025
Thursday, October 17, 2024 - 7:24am | 1702Read More...Technology stocks, specifically chipmakers, could lead from the front on Thursday as a stellar third-quarter earnings report from Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is triggering positive sentiment toward all artificial intelligence plays. Oil prices have rebounded and gold...
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Russell 2000 Poised For Major Technical Breakout: Analyst Eyes 'A Trend Reversal In Favor Of Small Caps Outperforming' S&P 500
Wednesday, October 16, 2024 - 1:53pm | 1052Read More...The Russell 2000 Index, a benchmark for small-cap stocks, is on the verge of a significant technical breakout that could push it to levels not seen since late November 2021. On Wednesday, the index is testing a crucial resistance zone around the 2,300-point level, a ceiling last reached on July 31...
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Wall Street On Backfoot As PPI Print, JPMorgan Earnings Loom: This Strategist Expects Positive Market Performance, But With Muted Returns
Friday, October 11, 2024 - 6:56am | 1320Read More...U.S. index futures point to a modestly lower opening on Friday as traders hope for better tidings on the wholesale prices front. Thursday’s slightly hotter-than-expected consumer price inflation data kept sentiment subdued throughout the session before the major averages closed modestly lower...
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US Stocks May Stall After S&P 500 Hits Another Record; Micron Earnings, Meta Connect On Traders' Radar: Why This Strategist Is Optimistic About Q4
Wednesday, September 25, 2024 - 6:52am | 1402Read More...After resiliently resisting selling pressure, the market could be in for some weakness on Wednesday as traders position themselves defensively ahead of the key Main Street catalysts for the rest of the week. The index futures are modestly lower early Wednesday. Traders may not have much to look...
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US Stocks Set For Steep Fall Amid Heightened Anxiety Ahead Jobs Data, VIX Surges: Strategist Flags 2 Reasons Why He Expects More Volatility Ahead
Friday, September 6, 2024 - 6:04am | 1315Read More...The non-farm payrolls data is keeping traders on the tenterhook and the index futures point to a negative opening on Friday. The caveat here is the the market mood could quickly pivot to positivity if the job gain comes in line with expectations. Following the data, traders get to hear from two...
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Wall Street Poised For Sharply Lower Start As Risk-Off Sentiment Dominates, VIX Spikes: Analysts Fret Over Sluggish September Seasonality (CORRECTED)
Tuesday, September 3, 2024 - 6:49am | 1297Read More...Editor’s Note: An earlier version of this story incorrectly referred to Monday’s Labor Day holiday as Thanksgiving. After a strong finish to last week, thanks to benign inflation data, sentiment appears to have soured as the market opens after Monday’s Labor Day holiday. The index...
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Wall Street Poised For Strong Start As Inflation Data Looms: Strategist Says Brace For Volatile Fall As Soft Landing Not Guaranteed Outcome
Friday, August 30, 2024 - 6:45am | 1336Read More...After Thursday’s mixed close, stocks appear to be headed for a positive start, although Monday’s Labor Day holiday will likely keep volume anemic. The index futures were solidly higher early Friday and sustenance of the sentiment hinges largely on an inflation readout due ahead of the...
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Nasdaq, S&P 500 Futures Waver As Home Depot Sags And PPI Report Awaited: Analyst Says 'Insufficient Technical Evidence' That Bottom Has Been Set
Tuesday, August 13, 2024 - 7:40am | 1205Read More...Wall Street is priming for a positive start on Tuesday, as the market resiliently holds onto optimism regarding receiving benign inflation data, which will likely seal the fate of a rate cut. The producer price inflation data due ahead of the market opening is likely to show further easing in...
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Dollar-Yen Volatility Sparks Debate Over Carry Trade Positioning: 'We Maintain A Structurally Bearish Yen View,' Analyst Says
Friday, August 9, 2024 - 3:40pm | 801Read More...The U.S. dollar-Japanese yen exchange rate endured one of its most turbulent weeks in recent years, with sharp swings driven by pivotal economic events that have left traders reassessing the future of the dollar-yen carry trade. The USD/JPY pair opened the week at 146.36, but quickly plunged to a...
















