January 3 2023 🕓 3 min
First day of trading sees huge moves all around
Tech selloff continues and will likely not stop soon. Recession fears feed the big oil bears.
Tag: s&p 500
December 29 2022 🕓 3 min
Traders buy the dip to give markets a much appreciated break
Thursday's market enjoys a relief from the selling pressure. The last week of 2022 may still have a green outcome.
December 28 2022 🕓 3 min
Tech sell off marks the end of the year trading
Just a few days before the end of the trading year, investors continued to sell tech stocks, sending the Nasdaq to more than two-month lows.
December 28 2022 🕓 3 min
Last week of trading kicks off with tech decline
Stock markets looked like they were going to close in red on the first day of the last week of the year. Tech led the market decline.
December 16 2022 🕓 3 min
Gloomy sentiment over economy closes the week in red
Investors move back to safe spots with a gloomy sentiment after this weeks' central bank fiesta. Dollar and gold both benefit from it.
December 15 2022 🕓 4 min
Wall Street ends in the red after FOMC meeting
Fed's "higher for longer" put a substantial selling pressure on stocks. Dollar benefitted the most on Thursday which is bad news for everyone else.
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Fed rate hike slows down and dominates US market
Fed released a new rate hike of 50 basis points, which traders hoped for as inflation slowed down. However, Fed hints rates higher for longer.
December 13 2022 🕓 4 min
Markets invite gains as inflation slows down
Markets profit from lower inflation than expected, except for dollar. Fed kicks off its two day meeting. Let's get ready for the next hike.
December 13 2022 🕓 4 min
New week starts with a lot to look out for
Markets are awaiting crucial big data this week. Traders are already adjusting for what may come. Oil finally bumped up from the bottom.
December 12 2022 🕓 3 min
S&P 500 defends short-term support
This week, investors will be watching CPI and Fed, as these two key macroeconomic events are anticipated to shed light on future trajectory of interest rates.
December 9 2022 🕓 4 min
Traders await Fed’s decision next week
US markets today have been showing all kinds of results. Among others, oil seems to be oversold the most.
December 8 2022 🕓 3 min
Markets calmed down as traders are expecting fresh big data
Stocks finally end losin streak despite markets on Thursday show lower volatility. Traders await more data next week.