The upcoming days are a light period for economic data, with the market closed Wednesday in observance of New Year's Day. The Chicago purchasing managers index for December did miss expectations on Monday, coming in at 36.9. Economists surveyed by Dow Jones were expecting a reading of 42.2. ...
"While SCHW's money market flows have declined in April, which could indicate sorting is decelerating, April is also tax season, which should pressure m/m growth across cash. If money market flows are low again in May, this would be a positive sign for sorting," analyst Craig Slegenthaler...
Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted...
Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its fir...
Over on the Nasdaq Stock Market, 70% of all issues are lower and 75% of the day's volume is to the downside. Decliners are beating advancers on Nasdaq by just 3.6 to 1. New highs versus new lows is also the tell of a resilient market. On the New York Stock Exchange, new 52-week...
Job gains are always good for the housing market, said Lawrence Yun, chief economist at the National Association of Realtors. “Home sales and jobs are related over the long term,” he said. “That is why the South and the Rocky Mountain regions are seeing more robust home sales gains ov...
Stocks, however, were mostly lower, with rate-sensitive parts of the market rallying and Big Tech faltering. 7 months ago Bond ETFs rally as investors weigh fresh signs of cooling inflation Shares of exchange-traded funds that invest in bonds were rising Thurs...
Stock market information on display at the New York Stock Exchange on Monday, Feb. 28. (Michael Nagle/Bloomberg/Getty Images) February is the shortest month of the year. Mercifully. Because investors can’t wait for it to be over.
"Market watchers could interpret today's rate bump as support for the Fed viewing recent bank woes as idiosyncratic, which is a good thing for those worrying about systemic cracks in the system," he said. "Further, the Fed hinted a pivot may be coming soon, so another piece of good news...
Number of S&P 500 stocks above 200-day average for past year shows 'solid' market The percentage of all stocks in theS&P 500above their 200-day moving averages is currently 77%, and has remained above at least 60% for the past year. This proves that the underpinnings of the market are...