GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Stocks fell yesterday, giving up earlier gains late in the session as traders became bored with a lack of any news. Consumer confidence is waning according to the latest report from the Conference Board – it could spell future trouble for GDP.

Stocks pulled back yesterday, dragged down by technology shares as the EU takes aim at the winners. New Homes Sales slowed unexpectedly in February showing that the road to recovery is not a straight path.

Stocks traded lower Friday, but for some mega cap tech stocks which were unwilling to give up ground. Traders took a break after a busy week of whipping and driving, accentuated the directionless equities in Friday’s session.

Stocks continued their ascent yesterday fueled by the Fed’s Goldilocks messaging. Existing Home Sales jumped by +9.5% in February, taking economists by surprise, showing that mortgage rates are not the only thing considered by homebuyers.

Stocks found new highs with a push from the Fed and Boss Jerome Powell. Rate policy remained the same, but Powell’s unexpectedly not-hawkish demeaner won the hearts of bulls, who ignored hidden warnings.

Stocks rallied yesterday because there is still hope for a happy surprise from the central bank rainmakers in Washington DC. Bitcoin turned heads with a sizable daily rift yesterday… business as normal.

Stocks gained yesterday driven higher by AI-rooted tech shares. Homebuilder sentiment is building… slowly, coming in higher than expected with still a long row to hoe to get back to pre-pandemic levels.