Drew Drew, Author at ToTheTick™

July 26, 2023

Fed hikes rates to the highest level in 22 years - US Market Wrap

Bond yields fell after Jerome Powell stated that the Federal Reserve has not made a decision to raise interest rates at every other meeting, bolstering bets that the central bank

by Drew Drew

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July 21, 2023

Nasdaq falls due to weak earnings - US Market Wrap

Technology stocks fell further on Friday as investors focused on earnings in the coming week following a disappointing batch of results earlier this week. The Nasdaq 100 fell 0.3%, extending losses

by Drew Drew

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July 17, 2023

Stocks rise as Yellen calms recession fears - US Market Wrap

US stocks resumed their rally as investors weighed bets that the Federal Reserve's interest-rate hikes are nearing an end against evidence of a slowdown in China's economy. The S&P 500 rose

by Drew Drew

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July 14, 2023

US banks kick off earnings season - US Market Wrap

The world's largest bond market experienced a day of reversals, with Treasuries paring their weekly rally as strong economic data reinforced the view that the Federal Reserve may be premature

by Drew Drew

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July 13, 2023

Hawkish Fed member resigns - US Market Wrap

Another inflation report reinforced bets that the Federal Reserve is approaching an interest-rate peak, giving Wall Street an extra boost to bid up stocks. Disinflation has suddenly become the buzzword on

by Drew Drew

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July 12, 2023

US Inflation cools - US Market Wrap

Treasury yields fell and stocks rose as data showing a slowing in inflation fueled speculation that the Federal Reserve is nearing the end of its rate hike cycle. The S&P 500

by Drew Drew

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