Drew Drew, Author at ToTheTick™

December 21, 2023

Bulls Grasp onto Gains Ahead of PCE Inflation Data - US Market Wrap

The rally in US markets has continued ahead of Friday's report, which is likely to reveal that the Federal Reserve's preferred inflation index is close to its target. The S&P 500

by Drew Drew

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December 20, 2023

Equities declined from their latest all time high - US Market Wrap

Stocks fell sharply Wednesday after Wall Street warned of a reversal in the rally sparked by the Federal Reserve's turn last week. The Nasdaq 100 ended the day down 1.5% as

by Drew Drew

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December 19, 2023

S&P500 approaches an all time highs - US Market Wrap

Wall Street resumed its surge on Tuesday, ignoring policymakers' attempts to temper expectations for Federal Reserve rate reduction. The Nasdaq 100 reached a new high, while the S&P 500 gained 0.6%,

by Drew Drew

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December 18, 2023

Tech Heavy Nasdaq Closes at An All Time High - Us Market Wrap

The persistent climb in US equities continued on Monday, propelled by a flurry of deals as traders mostly ignored tempered messaging from Federal Reserve officials. The S&P 500 surged 0.5% Monday,

by Drew Drew

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December 8, 2023

US 2-Year inflation expectations dialed back the most in 22 years - US Market Wrap

A combination of positive economic data rocked markets on Friday, with stocks closing higher on expectations that the US will avoid a recession; yet, bond traders were compelled to reduce

by Drew Drew

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December 7, 2023

All eyes on Friday's Jobs Report - US Market Wrap

Stocks rose as a result of a rise in megacaps on optimism that the artificial-intelligence boom will continue to boost market gains. Traders ignored any concerns about Friday's US jobs report,

by Drew Drew

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