Evening Market Recap - Wednesday, 23-Jun
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US equities finished mixed in uneventful trading, softening a bit into the close. There wasn’t any big directional drivers in play and nothing really on the near-term horizon aside from PCE on Friday. US flash PMIs are mixed with manufacturing a bit better while services missed. The WSJ reports Comcast CEO Roberts is wrestling with whether to buy or create a streaming powerhouse; considering agreement with Viacom or possibly acquiring Roku.
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US equities ended lower Tuesday, near worst levels, with stocks more than erasing Monday's modest gains. Market was on the defensive today after hotter Q1 ECI data sparked a rise in Treasury yields. Growth concerns also in the mix after weakest consumer confidence print since July 2022 and lowest...
Published 04/30/24
Published 04/30/24
US equities ended higher Monday, just off best levels, in a mostly uneventful day of trading. The market gave up some strength in the later afternoon after the US Treasury released Q2 borrowing estimates that were marginally higher than the January estimate. Another big earnings week is ahead...
Published 04/29/24
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