Description
US equity markets up today. In this episode we cover the FOMC meeting earlier today, pertinent economic data, the latest out of Washington, faltering investor sentiment and note a number of companies who have recently reduced guidance
Tickers mentioned: FDX, DRI, FB, SFIX, ADBE, GIS, AXTA, MMM, SHW
US equities finished mixed in Wednesday trading, little changed after a strong start to week, with the Dow Jones down 11 bps, while the S&P500 and Nasdaq finished up 2bps and 10bps respectively. March headline and core durable goods orders beat though February revised down across the board....
Published 04/24/24
US equities ended higher Tuesday, near best levels. Momentum, growth, long duration, small-caps, and lower quality were the big factor beneficiaries. Bounce continued today with help from lower rates/weaker dollar in the wake of softer flash PMI data. Some better earnings takeaways, particularly...
Published 04/23/24