The stock market (SPY) took a scary turn on Monday as news of Evergrande culminated in a worldwide sell off. Now with a little time and perspective investors see this was more smoke than actual fire creating...
Initial claims of 351K were a big increase from the 320K expected, as well as the upwardly revised 335K reported for the previous week.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is up by +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.789%....
The dot-plot for raising interest rates looks fairly mild across the board, which of course would follow the tapering process.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.95%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.00%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed...
Prognosticators anticipating Fed Chair Powell being influenced by outside pressures to move on monetary policy have mostly come up empty so far.
What you need to know… The S&P 500 Index ($SPX ) (SPY ) this morning is up by +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.57%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.09%....
Smart Beta ETF report for DEF
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed down -0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed...
Every correction starts as a dip. But not every dip turns into a correction. This is worth noting with the S&P 500 (SPY) off by 4% from its highs, and the Vix up by more than 30% at today’s lows. More...
