Evening Market Recap - Wednesday, 2-Oct
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US equities finished fractionally higher overall in Wednesday trading, with the Dow Jones, S&P500, and Nasdaq closing up 9bps, 1bp, and 8bps respectively. Stocks stabilized today, largely shrugging off recent Middle East developments, while work stoppage at US East and Gulf Coast ports a widely flagged potential growth and supply chain risk. ADP private payrolls of 143K came in above 125K consensus. Richmond’s Barkin said Fed may have trouble covering the "last mile" on inflation.
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Major US equity indices were higher this week, bouncing after last week's losses though the S&P and Nasdaq remain below post-election record closes. There was a big focus on corporate results this week, largely focused on the long-awaited Nvidia report. It was also another fairly busy week of...
Published 11/22/24
Published 11/22/24
US equities were higher in Thursday trading as stocks ended just a bit off best levels. Nvidia dominated the headlines today following last night's earnings release. In macro news, initial claims fell to its lowest level since April, while continuing claims ticked to its highest level since...
Published 11/21/24
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