GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Markets gained on Friday as the first of the bank earnings came in with positive surprises. The latest sentiment survey from University of Michigan showed a decline in confidence which can portend weaker growth.

Stocks sold off yesterday despite good news on inflation as weak hands holding high-flying tech shares decided to take profits and head to the beach. Inflation is cooling according to June’s CPI figure that was released yesterday morning.

Stocks rose yesterday because Powell signaled that he was ready for a well-earned vacation. Traders look to today’s CPI release for confirmation that the edge of the woods is near.

Stocks inched higher yesterday with a not-so-scary testimony from Jerome Powell. The guy wants more proof, but he likes what he is seeing – same story different words.

Stocks rallied to fresh highs yesterday as investors prepared for 2 days of Jay Powell talk on The Hill. Investors are hoping to see a softer side of the Fed Chair as he answers to lawmakers.

Stocks closed at fresh highs on Friday after monthly payrolls data hinted at a slowdown in the labor market. Traders are keeping Presidential politics in their peripheral vision as things heat up behind closed doors.

Stocks gained in Wednesday’s abbreviated session on weaker-than-expected economic numbers. Traders are eyeing politics carefully, skeptically, wondering when bets may be placed on November’s results.