Stock Market Recap

03/02/2021
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3 Stocks on My Radar Right Now

Global stock markets and U.S. futures are mixed this morning as bond yields and a sell-off in Treasury debt stabilize, easing worries about a potential rise in interest rates.  We might see an increase in interest rates, I believe we’ll only reach 2.5% by the end of this year while […]
03/01/2021
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The Biggest Federal Reserve Report To Watch This Week

Global stock markets and U.S. futures are substantially higher this morning on hopes that President Joe Biden’s $1.9 trillion economic stimulus plan will finally get approved.  Although Hong Kong’s manufacturing indicators for February reportedly weakened, the Shanghai Composite (all the A and B shares traded on the Shanghai Stock Exchange) […]
02/26/2021
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Stock Market Recap: Friday, Feb. 26, 2021

Wall Street was choppy before closing mixed, as Tech and small-cap stocks rebounded — and more in Friday’s stock market recap.  The blue-chips and overall market struggled, but better-than-expected economic news and earnings results helped bullish sentiment. Fears of rising interest rates remained in play, however Stock Market Recap The […]
02/25/2021
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Stock Market Recap: Thursday, Feb. 25, 2021

Wall Street fell as a surge in bond yields prompted traders to dump riskier assets, especially high-flying Tech stocks — and more in Thursday’s stock market recap.  The major indexes posted their biggest losses of the month as the 10-year Treasury yield zoomed more than 16 basis points to a […]
02/24/2021
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Stock Market Recap: Wednesday, Feb. 24, 2021

Wall Street rebounded off opening losses after Federal Reserve Chair Jerome Powell gave his second day of testimony to lawmakers and reaffirmed his view that the economy needs continued support — and more in Wednesday’s stock market recap.  Also helping bullish sentiment and second-half momentum was news FDA members determined […]
02/23/2021
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Stock Market Recap: Tuesday, Feb. 23, 2021

Wall Street opened with heavy losses as traders awaited Federal Reserve Chair Jerome Powell’s semiannual monetary policy testimony before the Senate Banking Committee — and more in Tuesday’s stock market recap.  There was a slight rebound off the lows after Powell reaffirmed the Fed was looking to maintain its current […]
02/22/2021
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Stock Market Recap: Monday, Feb. 22, 2021

Wall Street was weak throughout but rebounded midday before settling lower for the session — and more in Monday’s stock market recap.  Tech underperformed while the blue chips outperformed as rising Treasury yields and expectations of higher inflation weighed on sentiment. Specifically, the yield on the benchmark 10-year Treasury note […]
02/19/2021
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Stock Market Recap: Friday, Feb. 19, 2021

Wall Street snapped a three-session slide after rebounding with the blue chips setting another all-time intraday high — and more in Friday’s stock market recap.  Better-than-expected housing numbers supported the bullish sentiment along with the potential for another stimulus package and the Federal Reserve’s tolerance of higher inflation. Stock Market […]
02/18/2021
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Stock Market Recap: Thursday, Feb. 18, 2021

Wall Street was weak throughout following a disappointing jobs report, underscoring the incomplete economic recovery amid the ongoing pandemic — and more in Thursday’s stock market recap.  Additionally, Treasury yields also weighed on sentiment after ticking higher as the benchmark 10-year yield hovered around the one-year high of 1.31%. Stock […]
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