The market rally staged a decisive bull turn starting Wednesday and closed Friday near weekly highs. A growing number of stocks are flashing buy signals, including ServiceNow. Tesla also broke out, b…
Published on 2 years, 9 months ago
Advancing stocks had a slight edge over decliners on the Nasdaq, while breadth was slightly better than 2-to-1 positive on the NYSE. The Nasdaq composite reclaimed the 12,000 level, helped by another…
Published on 2 years, 9 months ago
Major stock indexes strengthened into the close as buyers dictated the action. The S&P 500 showed key technical action by climbing above the 4,000 level and its 50-day moving average. The Nasdaq comp…
Published on 2 years, 9 months ago
It was a relatively quiet day, with the Nasdaq holding key support and the S&P 500 trading below key levels. The Dow Jones and Russell 2000 had inside days. Megacaps retreated, with Microsoft low sli…
Published on 2 years, 9 months ago
Money flowed out of bonds, sending the 10-year Treasury yield higher by 15 points to 3.52%. Financial stocks rallied, lifting the Russell 2000 small-cap index to a day of outperformance. JPMorgan, Go…
Published on 2 years, 9 months ago
The Nasdaq led the major indexes higher for the week, but there were big highs and lows. The Russell 2000 hit 2023 lows as bank stocks kept tumbling, though they steadied somewhat Friday. PagerDuty, …
Published on 2 years, 9 months ago
The Nasdaq composite surged 2.5% intraday but closed near lows after rallying close to the 12,000 level again. The S&P 500 also pared gains and took out Wednesday’s low after another attempt to recla…
Published on 2 years, 9 months ago
The Federal Reserve, as expected raised its key lending rate by another quarter point to a range of 4.75% to 5%. It sees the terminal rate at 5.1% by the end of the year, which implies one more rate …
Published on 2 years, 9 months ago
The major indexes rebounded as Treasury Secretary Janet Yellen said the U.S. would do more to protect bank deposits if needed. But volume was light heading into the Fed rate hike decision. On Holding…
Published on 2 years, 9 months ago
Financials and energy saw brutal losses last week but tried to make a stand on Monday. Meanwhile, tech lagged a bit after outperforming recently. Cyber security firm Palo Alto Networks is holding nea…
Published on 2 years, 9 months ago
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