S&P 500 end week lower, despite Friday gains amid mixed economic outlook

Share: S&P 500 closed up 0.14% at 4,457.49 on Friday but lost 1.13% for the week, reflecting investor caution amid global economic uncertainties. US economic data shows resilience with solid service sector activity and tight labor market, contrasting with gloomy outlooks in China and Europe. US Treasury bond yields advance to 4.268% on

Bad news is still good news for US equities. But for how long?

US equities are set for another gain today with S&P 500 futures up 0.6%. They rallied after US unemployment rose to 3.8% from 3.5%. The caveat for corporation is that rising unemployment came on a surge of people entering the labor force, which increases labor availability and dims wage pressure. The economy also added 187K

US equities finish the week on a high note

Closing changes: S&P 500 +0.6% DJIA +0.7% Nasdaq Comp +.09% Russell 2000 +0.4% Toronto TSX Comp +0.5% On the week: S&P 500 +0.8 DJIA -0.4% Nasdaq Comp +2.3% Russell 2000 -0.4% Toronto TSX Comp -0.1% The chart of the Russell 2000 is concerning. It looks topped out and the economy is weakening. There was a

HK/China Equities Test the Line in the Sand; Hang Seng, CSI 300 Price Setups

HANG SENG, CSI 300 Index- Outlook: The Hang Seng Index has reversed course after failing to break above key resistance. The CSI 300 index is testing a crucial support. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi The Fundamentals of Range Trading China/Hong Kong equities are testing

Nasdaq 100 looks set for correction, but S&P 500 is holding on for now

Share: The Nasdaq 100 and S&P 500 indices, most closely followed by retail investors and traders, have faced some downward pressure since early August, but the latter still has a chance of maintaining an uptrend. The Nasdaq ended last week with a 0.7% loss on Friday, a 1.9% loss for the whole week

The light optimism begins to fade in equities once again

S&P 500 futures Things are starting to turn in the equities space now as the selling since the turn of the month continues to stay the course. The turnaround and late dip in Wall Street yesterday certainly did break a lot of the confidence after the US CPI report and we are seeing the nerves

US equities hit fresh lows: NVDA stock under pressure

Nvidia stock (NVDA) is leading a slump in the Nasdaq and has helped to push the index to the lows of the day. The high-flying chipmaker is among the most highly valued stocks in the world, and certainly the highest-valued big-cap tech company. It’s trading near 40x trailing sales and has been a major beneficiary