Daily Market Analysis Market Focus US equity market took a hit after Federal Reserve Chairman Jerome Powell refused to push back recent spike in Treasury yields. The Nasdaq 100 index extended losses from February high to almost 10%. Meanwhile S&P …
Daily Market Analysis Market Focus US markets declined as a surge in US Treasury yield, reaching as high as 1.4859% added to concern over stretched valuation amid an uneven economic rebound. The S&P 500 continued to loss for the second …
Daily Market Analysis Market Focus US stocks gave back some of yesterday’s gain, the three big indices closed the day in red. Technology stocks led losses in the S&P 500, while Material stocks prevailed. EV manufacturer giant Tesla Inc. dropped …
Daily Market Analysis Market Focus U.S. stocks climbed as confidence returned to markets, easing concerns about inflation and higher Treasury yields would undermine equity valuations. The Dow Jones Industrial Average surged around 2.2%, led by Boeing, which rose around 7%; …
Daily Market Analysis Market Focus US tech stocks staged a modest rebounded on the last day of a tumultuous week as a global bond rout eased, sending the yield on 10-year Treasuries tumbling below 1.5%. Gains for Microsoft Corp. and …
Daily Market Analysis Market Focus US equities plummeted whilst the selloff in global bonds deepened, the US 10-year treasury yield SOARED to one-year high of 1.545%, a jaw-dropping 10.56% in one day. Technology …
Daily Market Analysis Market Focus US equities reversed losses and staged a rally as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields climbed along with oil prices. Energy and industrial companies led …
Daily Market Analysis Market Focus US equity market took a hit at its opening on Tuesday ahead of Powell testimony, the S&P 500 Index declined as much as 1.8% whereas the Nasdaq 100 plunge reached 3.5%. These losses were mostly …
Daily Market Analysis Market Focus Tech stocks dropped on valuation concerns while commodities rallied, and bond yields rose with investors pricing in stronger growth and faster inflation as the global economy recovers. The Nasdaq 100 tumbled more than 2.5% to …
Daily Market Analysis Market Focus US equities slightly edged to the downside amid continuously rising US Treasury yields, hit as high as 1.36%. Soaring yields could derail the ongoing economic recovery by rising borrowing cost and depressing price. The S&P …
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