S&P 500 closes week lower amid surging volatility and skyrocketing US yields

Share: S&P 500 closes down at 4450.32, losing 1.22%, as Technology, Consumer Discretionary, and Energy sectors led the decline. Upbeat US economic data, including a rise in the Empire State Manufacturing Index, fuels optimism that the Fed may achieve a soft landing. US 10-year Treasury yields climb to 4.334%, adding to market jitters,

Nasdaq now on track to finish at the lows of the week

The price action in the Nasdaq is worrisome. TSLA started the week off with a 10% rally and hasn’t given any of it back yet the Nasdaq is now lower on the week and in danger of closing at the lows of the week. Maybe I’m reading too much into what’s largely been a lackluster

ARM tracks Nasdaq lower amid negative macro activity

Share: Arm Holdings gained 24.7% on Thursday debut. ARM stock sells off Friday after initial rally. Higher Oil prices are affecting market sentiment as inflation indicators rise this week. United Auto Workers initiates strikes at Ford, GM and Stellantis factories. Taiwan Semiconductor tells suppliers to delay equipment orders. Arm Holdings (ARM) stock is

S&P and NASDAQ close lower on the week after sharp declines today

S&P is out with it expectations for the UAW strike and implications. They say Warns that if the UAW strike continues for over a week and expands, it could lead to significant reductions in earnings and liquidity in the US auto sector for 2023. Predicts a slowdown in U.S. auto sector momentum in the second

S&P500 and top tier stocks [Video]

Share: Stock Market Report S&P 500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200. Elliott Wave AnalysisSummary: Quadruple witching 15 September four major derivatives contracts expire simultaneously. Bullish bias develops further in leading stocks and US sectors. The UK markets have broken out of a larger Triangle

US Dollar Up as Oil Soars, Nasdaq 100 Dips Pre-US CPI

US DOLLAR, NASDAQ 100 FORECAST: The U.S. dollar, as measured by the DXY index, rebounds after steep losses at the beginning of the week In contrast, the Nasdaq 100 takes a turn to the downside, unable to build upon its gains from Monday on fears higher oil prices will keep the Fed on its toes

Dow Jones, Nasdaq 100, CAC 40 Push Higher

Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, CAC 40 Analysis and Charts ​​​Dow makes further gains ​The index has spent the past three sessions rallying from last week’s low and is now challenging the 50-day SMA from below. ​A close above 35,000 is critical to a renewed bullish view emerging,

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

US Indices Hit a Roadblock After Solid Services Print: S&P 500, Nasdaq

S&P 500, SPX, NASDAQ 100, NDX – OUTLOOK: The S&P 500 index and the Nasdaq 100 index retreated from key resistance zones. Lofty real yields, above-average valuations continue to pose a high bar for material index gains. What are the outlook and the key levels to watch in the S&P 500 and the Nasdaq 100