Insights, Delivered Daily.

Yay for Jay! Stocks were propelled upward yesterday after dovish comments by Fed Chief Jerome “Jay” Powell. Traders were given hope that rate cuts are forthcoming so they bought oversold tech stocks.

Tech wreck! Stocks closed mixed yesterday as fear surrounding the tech and communications sectors riddled the market. Washington's recent actions in trade relations are building up pressure on the Fed to reconsider its monetary policy.

A spanner in the works! Stocks fell on Friday in response to the Administration’s announcement that the US will levy a 10% tariff on Mexican imports. A new front in the trade war took investors by surprise causing a selloff in equities.

Slippery road ahead. Stocks ended yesterday’s session in the green as investors Googled the term “rare earth element”. It was a light news day for the trade war giving stocks a chance to climb after two days of falling.

Counter attack! Stocks were hit with a one-two punch yesterday as China fought back in the war of words and traders started to heed the warnings of the bond market. Stocks spent the day under water as trade jitters and recession fears ruled the session.

THE TOP LINE