Finally it’s Friday and to all my Muslim friends celebrating Eid-al-Adha I wish them a most joyous Eid Mubarak! In brief (TL:DR) U.S. stocks fell going into Thursday, with the U.S. experiencing a record drop in GDP for the second quarter pushing the S&P 500 (-0.37%) and blue-chip Dow Jones Industrial Average (-0.85%) downwards while tech-heavy Nasdaq Composite (+0.43%) managed to stay […]
Turning into Thursday and thanks to the U.S. Federal Reserve, it’s turning out to be a terrific day for markets! In brief (TL:DR) U.S. stocks switched positive on Wednesday after the Federal Open Market Committee opted to keep benchmark interest rates unchanged at their near-zero level, pushing the S&P 500 (+1.24%), blue-chip Dow Jones Industrial Average (+0.61%) and tech-heavy […]
Welcome to Wednesday! Given that it’s the midweek, the markets have shifted gears, just as the work week is shifting gears. With more sudden changes in direction than a ouija board, investors are in for another bout of volatility. In brief (TL:DR) U.S. stocks slid into Tuesday, as earnings reports reflected a far bigger hit from the […]
Tuning into Tuesday, I hope you’re having a terrific one as markets have rebounded and gold is more precious than ever! In brief (TL:DR) U.S. stocks started the week with a bang, clawing back losses made on Friday. with the S&P 500 (+0.74%), blue-chip Dow Jones Industrial Average (+0.43%) and tech-heavy Nasdaq Composite (+1.67%) all making up lost ground. Asian stocks were […]
Welcome to the last week of July and I hope it will be an excellent one for you! When historians document this month, it’ll either be a watershed moment for the global battle against the coronavirus pandemic, when the world finally shifted the tide back, or the calm before the storm. In brief (TL:DR) […]
It’s finally Friday! And I hope that you’re looking forward to the weekend! Because the markets could sure use a break. In brief (TL:DR) U.S. stocks were all down, with the S&P 500 (-1.23%), blue-chip Dow Jones Industrial Average (-1.31%) and tech-heavy Nasdaq Composite (-2.29%) all down sharply, with tech stocks in particular taking a beating on fears of over-valuation. Asian stocks were […]
Welcome to Wednesday and I hope your midweek is finding you well! In brief (TL:DR) U.S. stocks were up, with the S&P 500 (+0.57%), blue-chip Dow Jones Industrial Average (+0.62%) and tech-heavy Nasdaq Composite (+0.24%) all in the green, on the back of positive news on the hunt for a coronavirus vaccine that could help economic activity resume without a consequent rise in infections. […]
Welcome to Wednesday and I hope your midweek is finding you well! In brief (TL:DR) U.S. stocks opened the week mixed, with the S&P 500 (+0.17%) and blue-chip Dow Jones Industrial Average (+0.60%) barely in the green, while the tech-heavy Nasdaq Composite (-0.81%) saw a slight pullback on concerns over overvalued tech stocks Asian stocks were mostly down on increased caution that a stimulus […]
I hope you had a great weekend and are getting the week off to a great start. In brief (TL:DR) U.S. stocks opened higher this week, with the S&P 500 (+0.84%) and tech-heavy Nasdaq Composite (+2.51%) higher, while the blue-chip Dow Jones Industrial Average (+0.03%) was just barely in the green, weighed down by laggards in specific industry sectors such as airlines […]
I hope you had a great weekend and are getting the week off to a great start. In brief (TL:DR) U.S. stocks ended last week up, with the S&P 500 (+0.28%) and tech-heavy Nasdaq Composite (+0.28%) marginally higher while the blue-chip Dow Jones Industrial Average (-0.23%) edged down slightly. Unconvincing performance in U.S. stocks last week and choppy futures saw Asian markets […]