Stocks gave up all of their post-election gains after the December jobs report was hotter than expected. The 10-year Treasury rate has risen above 4.7% and the 30-year Treasury rate is close to 5%, which is a negative factor for the housing market. Investors now need to consider that there may not be an interest … Read more
Stocks finished the week in the green technology stocks leads the rally. Industrials fell on news that the Biden administration would block the sale. YouUnited States Steel Corp. New York Stock Exchange: X Japanese company Nippon Steel. Shares of alcohol companies also fell on news that alcohol may soon need a warning label about the … Read more
It’s been a strong year for stocks, and the best may be yet to come. With just one trading day left in 2024, the S&P 500 is up about 23%. However, when investors look back on the past year, they will see a textbook example of why the stock market is a poor indicator of … Read more
Markets rose on Monday, but any hopes of a Santa Claus rally will have to wait until next week. After jumping Monday, shares showed little change during a shortened trading week characterized by light volume. A similar situation will apply next week as the market closes on January 1st. Despite the recent pullback, share prices … Read more
Stocks were mostly lower this week after the Federal Reserve confirmed it was planning smaller rate cuts in 2025. The market had priced in a slower pace of rate cuts, but confirmation that the number of cuts would be fewer than expected gave investors a reason to profit in an expanded market. Investors got some … Read more
Stocks had their worst week since October. Investors are digesting the latest inflation data, especially the Producer Price Index (PPI), which came in higher than expected. With valuations so high, any news that increases the risk premium will be a reason to sell. But is this the beginning of a deeper correction? Probably not. The … Read more
Stocks extended their post-election rally following Friday’s positive November jobs report. The slightly hotter-than-expected report dispels any risks of a recession, but investors continue to factor in the possibility of an interest rate cut later this month. The S&P 500 and NASDAQ indices reached new all-time highs, and all signs point to continued gains in … Read more
Shares rose during the short trading week, but not without some resistance. Dow stocks were among the biggest losers as investors began to realize the potential impact of tariffs proposed by the incoming Trump administration. Gold fell and so did Bitcoin. However, the S&P 500 hit another all-time high this week, confirming that this market … Read more
Shares are higher this week, with all major exchanges expecting weekly gains of at least 1%. The rally began on Tuesday as retail sales showed surprisingly strong consumer demand. It gained momentum on Wednesday when NVIDIA reported earnings. Investors initially sold off the news from the report, but quickly returned to resume trading in technology. … Read more
MorraLee Keller, of the nonprofit National College Attainment Network (NCAN), says this year’s model looks almost identical to last year’s, but the user experience has noticeably improved. “We really have to put out a very positive message that a lot of work has been put into this system for 2025-2026 to make it a very … Read more