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Stocks rebounded on Tuesday, with the S&P 500 index reaching a local high of around 5,585 but ultimately closing 0.16% lower after retracing the intraday advance. On Friday, the market set a...
Market breadth indicators (% of component stocks above 20-day & 50-day moving averages) have increased to above 50%. Short-term bullish momentum condition sighted at the retest of its 50-day...
U.S. President Joe Biden announced Sunday he will not seek a second term VP Kamala Harris saw her odds of winning increase after Biden dropped out What impact will a Trump-Harris race have on...
Nasdaq 100 Key Points President Biden has dropped out of the 2024 Presidential race, leaving Kamala Harris as the presumptive US Presidential nominee. Former President Trump is still seen as the...
Friday’s trading session was another bearish one, with the S&P 500 index retracing more of its early July advances and closing 0.71% lower. The market kept selling off despite an overnight...
Q2 S&P 500® EPS growth expected to come in at 9.7%, the highest rate in over two years The LERI is back up for the second quarter in a row after falling to its lowest level in nine years in...
Markets in risk-off mode after outage Biden withdraws from Presidential race Gold and oil feel the heat of strong dollar Dollar Rallies on Haven Flows The US dollar traded higher against most of...
Wall Street headed for weekly slump amid China trade war fears Dollar stages dramatic reversal on safety bids but gold loses out Euro slips after ECB decision, yen steady but off week’s highs Rate...
“Magnificent Seven” earnings growth is expected to slow for the second straight quarter, whereas the “Other 493” stocks will see positive earnings growth this quarter. Risks to the AI trade include...
Wednesday’s trading session was bearish, with the S&P 500 index closing 1.39% lower after breaking below the 5,600 level. It was led by declines in the tech sector; however, there was a rotation...
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