Stay up-to-date with our Market Update for September 2020. In this article, we provide a breakdown of what influenced and shifted the market in September so that investors like you can track market trends. Overall, September was a very busy month for the market – full of ups and downs in a pendulum like motion. As much …
With the constant fluctuations of the market, it is increasingly difficult to stay up to date with the latest information on what moved the markets. Don’t worry! We are here with a day-by-day objective breakdown of what influenced the market for the month of August. Now, on to the market update for August 2020! August …
The month of September has marked an extremely active and volatile time period for the S&P 500, Dow Jones, and NASDAQ alike. The state of the U.S. economy, geopolitical relations between the U.S. and China, political unrest, and more all play a part in influencing the pendulum-like action of the market this month. In today’s article, we will …
Monday – November 11 Very little happened on the domestic front as today is Veterans Day, a market holiday, and the US stock market was closed (index futures, however, were trading) with nothing in the way of major economic reports. The Dow advanced 0.04% or 10.25 points, ending the day at 27,691.49. Notably, Boeing lifted …
Here’s What Moved The Markets – November 11 to November 15, 2019 Read More »
September 3 PMI came in a 50.3, slightly higher than the expected 49.9, but lower than July’s 50.4–overall this index reading is still within a 10-year low. ISM manufacturing drop below 50 to 49.1 in August indicates that a rate cut in September will be more likely, possibly as large as a 50 basis points. …
HA – Here’s What Moved the Markets in September 2019 Read More »
Trading in August was extremely volatile, dominated by the back-and-forth US-China trade war rhetoric, bond yields inverting and signaling possible recession, and general fears of a decline in global growth. Daily Chart of the S&P 500 Index from August 1 to August 30, 2019 August 1 Indices continued to fall sharply. As Fed Chair Jerome …
Key Economic Events That Moved the Markets in August 2019 Read More »
S&P 500 from July 1 to July 31, 2019 July 1 Stock indices advanced upon open with the S&P 500 reaching a new record high. Despite a lower close, the opening market rally was likely supported by the G20 summit’s promising news that President Trump and China’s President Xi agreed to restart trade talks. PMI …
Key Economic Events That Moved the Markets in July 2019 Read More »
With the big news of gold reaching six-year highs (paralleling the rise in the broader stock market) and the biggest anticipation being the G20 summit, the global reflation scenario remains on track, with easier credit conditions from most of the world’s central banks, including the Federal Reserve, to be expected in the near future, a …
Key Economic Events That Moved the Markets in June 2019 Read More »
S&P 500 Index Daily Chart from May 1 to May 31, 2019 May 1 FOMC: interest rates remain unchanged, though Fed policy may not have been as dovish as the market had expected. Stocks sold off into the close after Fed Chair Powell hinted that a lower fed funds rate may not be imminent. May …
HA – Key Economic Events That Moved the Markets in May 2019 Read More »
Markets overall showed signs of stabilization following the Federal Reserve’s shift toward a more dovish stance. Fourth quarter real GDP clocked some growth at 2.2%, though lower than the initial 2.6% growth expected in February. Uncertainties over tariffs and the trade dispute with China continue to exert pressure on growth prospects. The question that seems …
HA – Economic Factors That Moved the Market in March 2019 Read More »
