Drew Drew, Author at ToTheTick™

September 14, 2023

Hot data enough to cause more Fed Hikes? - US Market Wrap

Equities rose on Thursday, as data on US producer prices and retail sales confirmed Wall Street's expectation that Federal Reserve officials will keep interest rates unchanged next week. Meanwhile, Arm

by Drew Drew

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September 8, 2023

Dollar gains for an eighth straight week - US Market Wrap

A seemingly unstoppable rally propelled the dollar to a record streak of weekly gains, fueled by expectations that the Federal Reserve will keep interest rates higher for longer. The Dollar Index

by Drew Drew

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September 7, 2023

US Jobless claims drop to the lowest level since early this year - US Market Wrap

Stocks closed off session lows as blue chips gained traction amid concerns about the impact of a Chinese ban on Apple Inc.'s iPhone on the big tech industry, which has

by Drew Drew

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September 1, 2023

US Unemployment Rate ticks up - US Market Wrap

Stocks fell as bond yields rose after a strong manufacturing report offset optimism with job data indicating the Federal Reserve is nearing the end of its hiking cycle. The S&P 500

by Drew Drew

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August 31, 2023

All eyes on Friday's NFP - US Market Wrap

Stocks churned at the end of a turbulent month, with traders interpreting mixed economic data and anticipating a key jobs report to gauge the outlook for Federal Reserve policy. Bond

by Drew Drew

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August 17, 2023

Stocks slide for a third day - US Market Wrap

US stocks fell for the third day in a row as a global bond market selloff intensified, dampening enthusiasm for growth-oriented tech behemoths. The Nasdaq 100 fell 3.2% in three days,

by Drew Drew

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