Stocks ended higher Thursday as investors parse details of the Fed's near-term strategy to tame the fastest inflation in forty years.
"Not surprising with a moderately hotter CPI, we had an outsized reaction, and I think we likely will try to spend the rest of the week clawing some of that back. Yesterday was a good example of that, and today feels like the same kind of grind higher," Art Hogan, chief market str...
U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group. “The S&P 500 opened higher, quickly sold off in the morning,...
“What we’re seeing now is the market exhibit extreme resilience,” despite some technical indicators suggesting overbought conditions, said Adam Sarhan, CEO of 50 Park Investments. “We have every chance in the world for the market to fall and it refuses to fall in a meaningful fashion. Tha...
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ET by MarketWatch Automation Home Depot Inc. stock outperforms competitors despite losses on the day Dec. 31, 2024 at 4:34 p.m. ET by MarketWatch Automation Home Depot Inc. stock outperforms competitors despite losses on the day Dec. 30, 2024 at 4:34 p.m. ET by MarketWatch ...
The difference today is $1.7-2T in federal deficit spending and falling 30YFRM rates that will help to stabilize the housing market, meaning higher seasonally adjusted sales. And, we’ll probably see existing home prices rise and could see an end to falling n...
"The market is very sensitive to any minor change in the direction that they don't want to see." To be sure, markets have been resilient as of late, with the major averages rising even when faced by persistent inflation, a banking crisis and higher rates. S&P 500, 1-year chart "...