Techs lead rally as markets see end of Fed rate hikes

Dow Jones futures edged higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market ended mixed on Tuesday, but technology companies led a strong recovery even as recession fears weighed on US Treasury yields and commodity prices. X The Dow Jones closed lower, but far from lows, while the S&P 500 posted … Read more

Inflation, jobs data due as rally shows more weakness

Dow Jones futures fell slightly early Thursday, along with S&P 500 futures and Nasdaq futures, with some key jobs and inflation data due ahead of Thursday’s open. X The stock market rally was looking for direction on Wednesday. The major indices closed slightly mixed. But the details revealed further weaknesses, with losers slightly outperforming winners. … Read more

Market Rally Sends Very Bearish Signal; 5 stocks to keep an eye on

Dow Jones futures trended higher overnight, along with S&P 500 futures and Nasdaq futures. The stock market rally suffered sharp losses on Tuesday, with the Nasdaq and S&P 500 falling below key levels. X Economic reports revived fears of recession and inflation. A report from intel (INTC) Chip price cuts on PC weakness hit Intel … Read more

Market Rally Gains Momentum; What to do

Dow Jones futures open Sunday night, along with S&P 500 futures and Nasdaq futures. The rally attempt in stock markets gained momentum, with Friday’s and weekly key moving averages sharply higher. X UnitedHealth (UNH), shock wave medicine (SWAV), Ultimate beauty (ULTA), Enphase Energy (ENPH), Sociedad Quimica y Minera (sqm), Quanta Services (PWR), Northrop Grumman (NOC) … Read more

Is it too late to invest in the oil price rally? | OilPrice.com

The oil market is going through one of the most turbulent times since the infamous collapse in March 2020 as investors continue to grapple with recession fears. Oil prices fell further after the central bank decided to hike interest rates by a record 75 basis points, with WTI futures for July settlement trading at $104.48/barrel … Read more

Futures, Yields, Oil Tumble After Market Rally; Powell on tap

Dow Jones futures fell sharply early Wednesday along with S&P 500 futures and Nasdaq futures, amid recession fears mounting as Fed Chair Jerome Powell was scheduled to testify before Congress Wednesday morning. X The stock market rally attempt had a strong session on Tuesday. But it’s still a rally attempt within a bear market. Chen … Read more