Last Week's RecapThe US Market - Stocks sharply reboundedThe U.S. stock market rebounded powerfully, lifted by robust earnings from major technology giants and renewed hopes that trade tensions could ease. Some investors are growing confident that the worst of the tariff-related uncertainty may be behind them.The tech-heavy Nasdaq surged 6.7%, pushing the index back into positive territory for April. While the board market benchmark rallied 4.6% for the week.The ISM Manufacturing PMI slipped into contraction territory, falling from 50.3 to 49.0 in March, while the ISM Services PMI eased to 50.8 from February’s 53.5, signaling a cooling in service sector growth. Port and trucking activity data also pointed to a significant slowdown tied to tariff pressures.A weakness in the U.S. dollar earl

Last Week's RecapThe US Market - Stocks slided in holiday-shortened weekU.S. stocks ended lower in a shortened trading week, with the S&P 500 falling 1.5% as uncertainty around tariffs and mixed corporate earnings kept investors on edge.The Dow tumbled 2.66% for the week, logging losses in three of the four trading sessions. The blue-chip index was dragged down by a sharp 22% drop in UnitedHealth (UNH) after the healthcare giant missed earnings expectations.Fed Chief Powell warning that the Trump's tariff policies could slow economic growth by increasing costs for consumers and businesses. However, Powell sees no rush to move regarding interest rates. Trump criticized Powell, calling for immediate rate cuts and stating that Powell’s "termination cannot come fast enough."March retail sa

Last Week's RecapThe US Market - A 90-day pause on new tariffs shock marketsMarkets staged a powerful rally last week following President Trump’s surprise announcement of sweeping new protectionist tariffs on April 2. The $NASDAQ(.IXIC)$ jumped to its second-best single-day percentage gain on record on Wednesday. The $S&P 500(.SPX)$ and $Dow Jones(.DJI)$ logged their strongest weekly performances since November 2023, while tech-heavy Nasdaq posted its best weekly return since November 2022.March’s Consumer Price Index (CPI) showed an unexpected slowdown, with headline inflation easing to 2.4% year-over-year, down from 2.8% in February. Core CPI, which strips

Last Week's RecapMarket Insights (7–11 April): SPX. Tends to Rebound After Sharp Two-Day Sell-OffsThe US Market - Wall Street suffered a brutal week as tariff shocksThe U.S. stock market suffered its worst week in years, primarily driven by Trump's new tariffs that far exceeded expectations, followed by strong retaliation from China and triggered fears of recession or stagflation.The $S&P 500(.SPX)$ closed Friday with a market capitalization of $42.99 trillion, a two-day loss of $5.06 trillion or 10.5% compared to its market capitalization Wednesday night, when President Trump raised U.S. tariffs on imported goods. The S&P 500 nosedived 5.97% on Friday, its biggest decl

Last Week's RecapThe US Market - stocks sink into correctionWall Street endured a brutal week, with the S&P 500 and Nasdaq both slipping into correction territory, while the Dow dropped more than 3%—marking its worst week since March 2023. Even Friday’s rally wasn’t enough to offset the damage.Monday’s selloff was particularly severe. The Nasdaq plunged 4% in its worst session since September 2022, while the S&P 500 fell below its critical 200-day moving average. Meanwhile, the small-cap Russell 2000 edged closer to bear market territory, now nearly 20% off its highs.February’s Consumer Price Index (CPI) came in slightly cooler than expected. Both headline and core CPI rose 0.2% month-over-month, coming in just below Wall Street forecasts. On an annual basis, headline inflation sto

Last Week's RecapThe US Market - SPX was marked largest weekly decline since SeptemberThe stock market experienced its worst week in several months as investor confidence was shaken by tariff policies and heightened market volatility. The benchmark S&P 500 recorded its largest weekly decline since September, dropping 3%, while the Dow fell 2.4% over the week. The Nasdaq slid below its 200-day moving average and closed the session 10% below its recent peak.Friday was marked by significant volatility, with the S&P 500 dropping 1.26% to session lows before recovering somewhat in the afternoon. The Nasdaq briefly fell below the 18,000-point threshold during its lowest points of the day.February's nonfarm payrolls report showed an increase of 151,000 jobs, falling short of expectations.

Last Week's Recap1 Minute Weekly Notes (3/3/25): AVGO, COST, PLTR, BUD, PSA...The US Market - Stocks market closes volatile month in the redU.S. stocks bounced back on Friday as fresh data signaled continued disinflation, with gains driven in part by index rebalancing and technical buying. However, the broader market closed out a turbulent week and a losing month.The $NASDAQ(.IXIC)$ , weighed down by a steep 3.5% decline last week, tumbled nearly 4% in February—its worst monthly performance since April 2024. The S&P 500 slid nearly 1% for the week and 1.4% for the month, while the Dow managed a 1% gain on the week but still ended February down 1.6%.The small cap index

Last Week's RecapThe US Market - The S&P 500 backed off from a record highU.S. stocks sold off on Friday in the wake of dour economic reports. And the holiday-shortened week closed in red, with the S&P 500 losing 1.66% and the Nasdaq falling 2.51%. The S&P 500 hit a record high on Wednesday and Friday’s loss was the worst day of the young year.Consumer sentiment plunged in February for the second consecutive month, as measured by the University of Michigan's survey as fears of tariffs from the Trump administration and expectations for a rebound in inflation.Prominent investor Steve Cohen shared some negative comments that proposed tariffs are dragging on the economy, as well as some of the government’s cost-cutting efforts.Chinese stocks continued to be strong. Morgan Stanley s

Last Week's RecapThe US Market - S&P 500 near record highThe major U.S. stock indexes closed out the week with gains, with the S&P 500 rising roughly 1.5%, nearing its all-time high, while the Nasdaq surged 2.6%. Investors appeared to find silver linings in seemingly negative news, including inflation data and tariffs announced by former President Trump.A significant portion of the week’s rally came on Thursday, after Trump revealed plans for new "reciprocal" tariffs, though these measures won’t take effect until at least April.Traders have been flocking to Chinese tech stocks, driven by the sector's growing artificial intelligence potential. The China Internet ETF (KWEB) has surged nearly 22% this year alone. JPMorgan strategist Rajiv Batra highlighted positive fund inflows into C

Last Week's RecapThe US Market - another volatile weekThe stock market started and the week ended with Trump tariff fears hitting the indexes, offsetting gains in the middle of the week. Treasury yields hit 2025 lows, but rebounded somewhat, on Friday's mixed jobs report and hot inflation expectations.President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries next week, a major escalation of his trade war. Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.S. budget problems.The January jobs report headline flashed lackluster hiring with 143,000 new jobs, including 111,000 private sector jobs. But winter weather and the Los Angeles fires may have been a factor. And the unemployment r

Last Week's RecapThe US Market - A crazy volatile weekThe stock market saw massive losses Monday in AI hardware-related stocks amid fears that the AI model from China's DeepSeek will reduce the need for data centers, power and more. However, the $.SPX(.SPX)$ and $.IXIC(.IXIC)$ pared weekly losses, while the Dow Jones moved toward record highs.After tumbling 3.07% on Monday, the Nasdaq ended Friday with a weekly loss of 1.6%. The S&P 500 and blue-chip Dow finished the week 1% lower and 0.3% higher, respectively.The three major averages also posted monthly gains, with the $.SPX(.SPX)$ rising 2.7% and the Nasdaq advancing 1.6%. The Dow outperformed during the p

Last Week's RecapThe US Market - The Dow advanced 3.7%The stock market rally showed strong, broad-based gains, as a tame CPI inflation report sent Treasury yields tumbling. Strong earnings from major banks also boosted stocks last week.The three major averages posted their first weekly gain of the new year with the Dow and S&P 500 advancing 3.7% and 2.9%, respectively. Both indexes posted their biggest weekly advance since the week of the U.S. presidential election in November.Two key inflation reports showed that inflationary pressures softening somewhat. December CPI reading met the expectations, while the core inflation rose less than expected year on year. The PPI also had a smaller-than-anticipated increase for December.A new meme coin called “Official Trump” (TRUMP), announced on

Last Week's RecapThe US Market - The Treasury yield surgedThe major indexes posted back-to-back weekly losses, with the S&P 500 off 1.94% and the Nasdaq down 2.34%. The 30-stock Dow slid nearly 1.86% on the week.U.S. payrolls grew by 256,000 jobs in December. Economists polled by Dow Jones expected an addition of 155,000 jobs. The unemployment rate, which was projected to remain at 4.2%, fell to 4.1% during the month.The yield on the 10-year Treasury note spiked to its highest level since late 2023. Growth stocks that could be hurt the most if a spike in rates causes investors to get more conservative led the session’s losses. Small-cap stocks also sensitive to borrowing rates, with the Russell 2000 index losing more than 3%.Stocks took another leg lower on Friday after the University

Last Week's RecapThe US Market - A shaky start to the new yearWhile the major averages continued to pull back on the first trading day of 2025. They lost three consecutive days at the end of 2024. The broad rally occurred on Friday, led by some of last year's winners. However, the rally was not enough to make the major averages winners over the holiday-shortened week. The S&P 500 finished the week down 0.48%.Investors shouldn’t worry about the S&P 500′s negative start to 2025, The first trading day has been a very poor guide to the rest of the year in recent times, so we shouldn’t extrapolate things too far, according to Deutsche Bank.The market cooled in the final weeks of 2024, but the averages are still not too far from record highs after a strong year for Wall Street. For Decem