RECAP The$S&P 500 Index(.SPX.US)$ended the final, holiday-shortened week of the first quarter at a new all-time high Thursday. The$Dow Jones Industrial Average(.DJI.US)$gained about 0.12%, also ending at a record, near 39,807. The S&P 500 index rose 0.11%. The$Nasdaq Composite Index(.IXIC.US)$fell 0.12%. The market is awaiting February PCE PCE data, coming out on Friday. SECTORS Oil prices had a quarter gain of 16%, dr...
Good morning mooers! The cold rain made it hard to get to the office this morning in Jersey, but stock news never rests! I'm Kevin Travers, moomoo News and Community manager, and here are today's Market Moovers: RECAP The market is climbing after updated GDP figures from Q4 came in at 3.4%, compared to the last quarter's 4.9% figure. Markets climbed at open on the news, investors excited lower growth might mean lowe interest rat...
The Australian share market looks set for a very positive session on Thursday following a great night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 41 points or 0.5% higher this morning. In late trade on Wall Street, the Dow Jones is up 0.1%, the S&P 500 has risen 0.45%, and the Nasdaq is 0.6% higher.$S&P/ASX 200(.XJO.AU)$
Waller is a Board governor and thus a voter at the Federal Open Market Committee (FOMC). Federal Reserve Board Governor Christopher Waller 'Still no rush' to cutting rates in current economy Fed may need to maintain current rate target for longer than expected Needs to see more inflation progress before supporting rate cut Needs at least a couple of months of data to be sure inflation heading to 2% Still...
US markets, along with UK and EU, will be closed on Good Friday, 29 March 2024. Stocks, futures, bonds, all closed. A few FX desks may be manned with a skeleton crew. Liquidity will be super-thin. Spreads will be wide. Against that backdrop, the good news is the all-important PCE inflation data for February will be released! What is this? More on it below. Oh yeah, Powell will be on deck with comments too. At...
Singapore shares entered Thursday’s (Mar 28) morning session barely moved, as gains from travel and hospitality-related index counters clashed with a weaker showing from banks. $FTSE Singapore Straits Time Index(.STI.SG)$edged up 0.03 per cent or 0.98 point to 3,252.69 as at 9.02 am. Across the broader market, gainers outnumbered losers 72 to 38, after 35 million securities worth S$63.3 million changed hands. The most active counter by volume was$Singtel(Z74.SG)$, which ...
Good morning mooers! Here are things you need to know about today's market: ●Markets Climb Back After Two-Day Downturn, But Semiconductor Sectors Stay Lower ●Prospects for Local Renewable Energy Sector Bright, Thanks to Abundance of Solar PV System EPCC Jobs ●Malaysia's Producer Price Index Increases by 0.3% in February 2024 ●Stocks to watch: Gamuda, VS Industry -moomoo News MY Wall Street Summary The$S&P 500 Index(.SPX.US)$climbed 0...
G'day, mooers! Check out the latest news on today's stock market! • S&P 500 rebounds, all eyes on PCE • ASX shares hit record high, miners jump • Stocks to watch: Ramsay Health Care, Mineral Resources Wall Street Summary Markets climbed back after a chilly two-day downturn, but sectors like semiconductors stayed lower. Shortly after close on preliminay figures, the$S&P 500 Index(.SPX.US)$climbed 0.33% Wednesday. The$Dow Jones Industrial Average(.DJI.US)$grew by 0...
$Tilray Brands(TLRY.US)$ Long-Term Downtrend Based on the long-term trend, I feel like we might see a good short opportunity in pot stocks soon. Of course, I could be wrong, and the bottom in pot stock could have already been printed. Personally, I will need to see a little more upside before I can be confident. Strong Short-Term Rally So far, things are looking good, and this rally is showing no signs of slowing down. Aside from being overbought, there is no...
ColumnsWall Street Today | S&P 500 Marks Strongest Q1 Performance in Five Years
The $S&P 500 Index(.SPX.US)$ ended the final, holiday-shortened week of the first quarter at a new all-time high Thursday.
The $Dow Jones Industrial Average(.DJI.US)$ gained about 0.12%, also ending at a record, near 39,807. The S&P 500 index rose 0.11%. The $Nasdaq Composite Index(.IXIC.US)$ fell 0.12%. The market is awaiting February PCE PCE data, coming out on Friday.
SECTORS
Oil prices had a quarter gain of 16%, dr...
ColumnsMarket Turns Positive on Lowered GDP, But PCE Looms | Market Moovers
I'm Kevin Travers, moomoo News and Community manager, and here are today's Market Moovers:
RECAP
The market is climbing after updated GDP figures from Q4 came in at 3.4%, compared to the last quarter's 4.9% figure. Markets climbed at open on the news, investors excited lower growth might mean lowe interest rat...
ColumnsMorning News Call | The Final US Q4 GDP Result Was Reported at 3.4%, Surpassing the Estimated Figure
ASX 200 expected to storm higher
Fed's Waller says may need to hold current rate for longer than expected, no rush to cut
Federal Reserve Board Governor Christopher Waller
'Still no rush' to cutting rates in current economy
Fed may need to maintain current rate target for longer than expected
Needs to see more inflation progress before supporting rate cut
Needs at least a couple of months of data to be sure inflation heading to 2%
Still...
Core PCE is due with stocks, futures and bonds all closed. What could possibly go wrong?
Stocks, futures, bonds, all closed.
A few FX desks may be manned with a skeleton crew. Liquidity will be super-thin. Spreads will be wide.
Against that backdrop, the good news is the all-important PCE inflation data for February will be released! What is this? More on it below.
Oh yeah, Powell will be on deck with comments too. At...
Singapore shares muted at Thursday’s open
$FTSE Singapore Straits Time Index(.STI.SG)$ edged up 0.03 per cent or 0.98 point to 3,252.69 as at 9.02 am. Across the broader market, gainers outnumbered losers 72 to 38, after 35 million securities worth S$63.3 million changed hands.
The most active counter by volume was $Singtel(Z74.SG)$ , which ...
ColumnsMY Morning Wrap | Gamuda's 2Q Net Profit Rises 7% Driven by Overseas Projects
●Markets Climb Back After Two-Day Downturn, But Semiconductor Sectors Stay Lower
●Prospects for Local Renewable Energy Sector Bright, Thanks to Abundance of Solar PV System EPCC Jobs
●Malaysia's Producer Price Index Increases by 0.3% in February 2024
●Stocks to watch: Gamuda, VS Industry
-moomoo News MY
Wall Street Summary
The $S&P 500 Index(.SPX.US)$ climbed 0...
ColumnsAU Morning Wrap: ASX Shares Hit Record High, Miners Jump
• S&P 500 rebounds, all eyes on PCE
• ASX shares hit record high, miners jump
• Stocks to watch: Ramsay Health Care, Mineral Resources
Wall Street Summary
Markets climbed back after a chilly two-day downturn, but sectors like semiconductors stayed lower.
Shortly after close on preliminay figures, the $S&P 500 Index(.SPX.US)$ climbed 0.33% Wednesday. The $Dow Jones Industrial Average(.DJI.US)$ grew by 0...
When is it Time to Short Weed Stocks?
Long-Term Downtrend
Based on the long-term trend, I feel like we might see a good short opportunity in pot stocks soon. Of course, I could be wrong, and the bottom in pot stock could have already been printed. Personally, I will need to see a little more upside before I can be confident.
Strong Short-Term Rally
So far, things are looking good, and this rally is showing no signs of slowing down. Aside from being overbought, there is no...
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