GET TRENDING FINANCIAL NEWS AND INSIGHTS FIRST

Stocks hit new highs yesterday as positive sentiment momentum kept the party alive. Leading Economic Indicators came in better than expected, but still in decline, which is good-bad.

Stocks hit fresh all-time highs on Friday as the bulls could not be forced back into the pen. Consumer sentiment is more positive than expected, according to the University of Michigan survey. Above the treetops. I remember when I was quite young, say, younger than 10 but older than 7. My best...

Stocks rallied yesterday as the bulls ran in and gave another go – successful, after an extended naptime. Stock investors are coming to grips with less rate cuts in 2024, and they are mostly indifferent.

Stocks had another losing session yesterday as traders came to the reality that rates will not drop so far so fast. Consumers continue to carry the US Economy, going gangbusters in December, according to the latest Retail Sales numbers.

Stocks struggled in yesterday’s session as investors settled in for a long 2024, just a few weeks old. Fed speak is not hawkish, but it’s not dovish either – traders want more.

Stocks had a mixed close on Friday as traders buckled up for earnings season. Producer Prices underscored the continued pullback in inflation.

Stocks went on a wild ride yesterday as traders struggled to figure out whether or not a lukewarm inflation figure was important or not. Consumer Price Index / CPI showed a higher-than-expected increase in December, but still it was still muted compared to a year ago.