About: anakin

Recent Posts by anakin

Better-than-expected earnings boost US stocks

U.S. equities extended their gains into the second trading day of the week. The Dow Jones Industrial Average rose 1.12% to close at 30523.8. The S&P 500 gained 1.14% to close at 3719.98. The tech-heavy Nasdaq Composite edged 0.9% higher to close at 10772.4. Equities continued to be buoyed by better-than-expected earnings releases. Netflix reportedContinue Reading

Q3 financial earnings have boosted market sentiment

U.S. equities rallied on the first trading day of the week. The Dow Jones Industrial Average gained 1.86% to close at 30185.82. The S&P 500 jumped 2.65% to close at 3677.95. The tech-heavy Nasdaq Composite soared 3.43% to close at 10675.8. Equities rallied as Q3 earnings from the financial sector have boosted investing sentiment. BankContinue Reading

Week Ahead: US Set to Release Its Empire State and Philly Fed Manufacturing Index

Key economic reports are due for release this week starting with the US Empire State and Philly Fed Manufacturing Index. Several countries will also release their Consumer Price Index, including the UK, Canada, and New Zealand. Australia will release its employment figures and meeting minutes earlier in the week. US Empire State Manufacturing Index (17Continue Reading

US Stocks lower on Friday, US 10-year treasury yields rise above 4%

U.S. stocks edged lower on the last trading day of the week. The Dow Jones Industrial Average lost 1.34% to close at 29634.83. The S&P 500 dropped 2.37% to close at 3593.07. The tech-heavy Nasdaq Composite slumped 3.08% to close at 10321.39. Equities reversed gains from Thursday’s turbulent trading as U.S. short-term yields soared. TheContinue Reading

US CPI released higher at 8.2%

U.S. equities experienced a volatile trading session with the release of U.S. CPI data. The Dow Jones Industrial Average rose 2.83% to close at 30038.72. The S&P 500 gained 2.6% to close at 3669.91. The tech-heavy Nasdaq Composite climbed 2.23% to close at 10649.15. U.S. equities futures continued to rise after the bell as U.S.Continue Reading

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