Stocks gained on Thursday after a slew of earnings results from the big banks topped expectations, and new weekly jobless claims showed a larger-than-anticipated improvement to a pandemic-era low.
Published 10/15/21
Stocks gained on Wednesday as investors digested new earnings data and a key inflation report.
Published 10/14/21
Stocks fell on Tuesday in another choppy session, with investors eyeing elevated commodity prices and other signs of inflation heading into corporate earnings season.
Published 10/13/21
The S&P 500, Dow and Nasdaq dropped to kick off the week as investors mulled ongoing signs of inflation and supply-related challenges and awaited more data on corporate earnings.
Published 10/12/21
Third-quarter earnings season ramps up in earnest this week with a packed slate of major financial companies poised to report results. Key economic data will include the U.S. consumer price index for September, in the latest print on the state of inflation in the U.S. economy.
Published 10/11/21
Stocks advanced Thursday, with investors cheering developments in Washington as lawmakers reached an agreement that would temporarily avert a government default by mid-month.
Published 10/08/21
Stocks turned positive Wednesday, with all three major stock indexes pushing higher during the afternoon session following a report that Congress might reach a short-term agreement to raise the government borrowing limit and prevent a default.
Published 10/07/21
Stocks advanced on Tuesday as technology stocks recouped some losses from Monday, when a rotation away from growth names picked up steam as concerns over inflation lingered.
Published 10/06/21
Stocks sank on Monday as traders awaited new economic and earnings data this week to confirm or assuage concerns over supply chain challenges, inflation and the pace of the labor market's recovery.
Published 10/05/21
The spotlight this week will be on labor market data as investors await the release of the Labor Department's September jobs report on Friday. A smattering of earnings results from major consumer brands are also on tap.
Published 10/04/21
Stocks sank on Thursday in the final session of September and the third quarter, with stocks extending a weeks-long streak of volatility as concerns over inflation, the economic backdrop and debates in Washington over a host of measures weighed on equities.
Published 10/01/21
Stocks traded mixed on Wednesday, with the S&P 500 and Dow ending higher as Treasury yields steadied near multi-month highs.
Published 09/30/21
Tech stocks came under pressure amid a swift rise in U.S. Treasury yields
Published 09/29/21
Stocks were mixed Monday as investors closely monitored developments in Washington, D.C., as lawmakers rush to try and avert a government shutdown and advance a bevy of new measures.
Published 09/28/21
Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.
Published 09/27/21
Stocks extended gains Thursday, as investors cheered the Federal Reserve's latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further.
Published 09/24/21
Stocks gained on Wednesday as investors contemplated the Federal Reserve's latest monetary policy decision after a volatile start to the week.
Published 09/23/21
Stocks ended mixed on Tuesday, with the S&P 500 and Dow off slightly and the Nasdaq higher, a day after a bevy of concerns out of China and in Washington spurred a steep sell-off across risk assets.
Published 09/22/21
Stocks slid Monday, with major indices tumbling by over 2% during the worst points of the afternoon session, as investors nervously eyed the potential ripple effects of the default of a major Chinese real estate company, as well as ongoing debates over the debt limit in Washington.
Published 09/21/21
Investors' main focus this week will be on the Federal Reserve's September monetary policy meeting, which will set the stage for more debate around the timing of tapering and the outlook for the economy. Other economic data out this week will focus on the housing sector.
Published 09/20/21
Stocks pushed higher on Wednesday after dropping a day earlier, with a surge in oil prices helping fuel a risk-on move in markets. The move higher came following a drop earlier during the session as new tepid economic data out of China added to concerns over the pace of global growth.
Published 09/16/21
Stocks ended lower on Tuesday to wipe out earlier gains as traders digested a new print on consumer inflation, which showed a slightly slower increase in prices last month.
Published 09/15/21
Stocks pared gains to trade mostly lower on Monday, with the S&P 500 poised to extend losses into a sixth straight day.
Published 09/14/21
Traders this week will be focused on new data on inflation and spending. Each are likely to have moderated further last month after initial reopening surges in demand and price increases earlier this year.
Published 09/13/21
Stocks fell on Thursday, with Wall Street logging a 4th consecutive day of losses, as investors struggled to reconcile a still-hot jobs market with soaring COVID-19 infections that have blunted the economy's momentum.
Published 09/10/21