GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Pent-up. Stocks raced higher yesterday as investors sense that a cure is nigh. Economic data remains unclear but investors are looking beyond.

Zooming to new heights. Stocks rose yesterday, ringing in the historically weakest month of the year, as traders look far past the present and focus on a rosy future. Large tech stocks continue to dominate the rally confounding value investors.

Summer bummer. The August rally in stocks fizzled on the last day of the month as investors look forward to a historically bumpy September. Teslas may not be in every driveway, but the company stock is on every investors mind as it powered forward to become the 7th most valuable company in the US.

Thin air. Stocks rose on Friday, powered forward by continued momentum from the Fed’s new policy and progress in tackling the pandemic. The dollar is weakening and the yield curve is steepening - who said that no one listens to the Fed?

Inflated. Stocks rose yesterday after the FDA approved a low-cost device for COVID rapid tests. The Fed Chief signaled a looser policy going forward, further stoking the equity rally in yesterday’s session.

Start with the good news. Stock indexes are hot and they continued to defy gravity yesterday, making more new highs. Good economic data, solid earnings, and more encouraging news from COVID treatment trials all helped power yesterday’s rally.

Mixed emotions. Stocks posted a mixed close yesterday as US-China relations seemed on track to improve. Consumers are losing confidence which concerned investors, but not all of them.