COVID-19, Infrastructure Headline Monday’s Economic News
At the moment, the markets appear giddy over the prospect of another round of U.S. government stimulus and economic recovery. Full Article
Robinhood Goes Public, DOW Firm Above 35,000
It’s been a big morning for Robinhood founders Baiju Bhatt and Vlad Tenev. Each sold $50 million worth of stock ― not bad for a day’s work. Full Article
U.S Stock Indices Open Fed Week Flat
Fundamentals are ruling the U.S. indices as infrastructure spending and lax Fed monetary policy have investors betting on inflation. Full Article
Greenback Shows Strength Amid U.S. Equities Rebound
For the past six weeks, the Greenback has posted solid gains versus the Euro. Now, EUR/USD rates are closing in on 2021’s low (1.1704). Full Article
Stocks Crash As Delta Variant Spurs Lockdown Fears
The Delta variant is being credited with driving today’s downturn. Here’s where the situation with Delta currently stands: Full Article
U.S. Stocks Open Weekly Trade In The Green
For the DOW, 35,000 is officially in play. This is a key psychological barrier and pivotal technical area for American large-cap stocks. Full Article
U.S. NFP Comes In At 850K, Stocks Open In The Green
One can make the case that today’s robust NFP report, as well as lofty equities valuations, are products of an economic “sugar high.” Full Article
Robinhood Slapped With Record $70 Million Fine
Robinhood’s fine isn't a huge market mover, but it has sent a message: Biden-era SEC and FINRA are going to be major factors in the markets. Full Article
Mortgage Rates Spike, U.S. Markets Rally To Close June
Over the next several sessions, the U.S. labor markets will be put under the microscope. If positive, the DJIA will likely hit 35,000. Full Article
U.S. Stocks Slip To Open The Trading Week
For the DOW and U.S. large-cap stocks, it’s all systems go. Let’s take a closer look at the DJIA and the all-important 35,000 handle. Full Article
Dow, S&P 500 Rally Toward Record Highs
With the Fourth of July weekend only seven days away, U.S. large-cap stocks and the DOW continue to chug higher. Full Article
DOW Tanks As Investors Price The Newly Hawkish Fed
As we roll into late June trade, it looks like the Fed is beginning to plan an exit from their unlimited QE program. Full Article
FOMC Meeting June 2021: Recap & Highlights
Ahead of the Fed announcements, U.S. stocks were down modestly. Now, it appears that sentiment has remained moderately negative. Full Article
Inflation Fears Are Checking Friday’s Wall Street Action
The big story on Wall Street today is the exploding energy prices. WTI crude oil is now above $71.00 and rising. Full Article
U.S. Stocks Rally Ahead Of Weekend Break
U.S. large-cap stocks are grinding higher. Today’s robust Nonfarm payrolls figures certainly haven’t hurt sentiment. Full Article
