ToTheTick™

US Market Wrap

- On speculation that rate hikes may limit the attraction of the highly valued industry that has fueled the bull run in shares, technology companies pulled stock prices lower. - The
by Osama G
ToTheTick™

US Market Wrap

- Stocks rose on hopes that the Federal Reserve will successfully combat rising prices without stifling economic growth. - After initially falling when the Fed announcement was released, the S&P 500
by Osama G
ToTheTick™

FOMC Prep

Wells Fargo We expect the FOMC to maintain the current Fed Funds target Range of 0.0%-0.25%. However, considering that the labor market continues to tighten and inflation pressures continue to mount,
by Osama G
ToTheTick™

US Market Wrap

- In-line inflation data fueled betting that the Federal Reserve would not have to hasten plans to tighten monetary policy, sending US markets to record highs today. - The S&P 500
by Osama G
ToTheTick™

US Market Wrap

- US stocks gained on Wednesday, with the S&P 500 posting its greatest three-day rally of 2021. - Fears over the Omicron virus variant were alleviated after Pfizer and Biontech stated
by Osama G
ToTheTick™

US Market Wrap

- US Stocks fell in a global selloff as fears grew that a new coronavirus type discovered in South Africa might trigger new outbreaks and jeopardise the fragile economic recovery.
by Osama G