Daily-Wrap

A concise overview of the day's financial market activity, highlighting key stock movements, trends, and major events. Stay updated on market performance and critical shifts that impact your investments.

Daily Market Recap: Indices, Futures, and Economic Developments

Image Source : Krish Capital Pty Ltd Index Update Trump suggested some April 2 tariffs may be reduced or exempted but proposed new tariffs on autos, pharmaceuticals, and Venezuelan crude buyers. Atlanta Fed’s Bostic forecasted one 25bps rate cut in 2024, while the Fed signaled two for 2025. Tesla rose despite EU sales dropping, megacap stocks were mixed, and Nvidia declined 0.5%. Market Movers On Monday, the top gainers were NIP Group Inc. (+10.26%), followed by OraSure Technologies, Inc (+10.17%). On the contrary Progyny, Inc. (-6.51%) and Genmab A/S (-3.64%) declined the most the same day. Commodities Update WTI crude oil futures rose to $69.4 per barrel amid supply concerns after Trump announced a 25% tariff on U.S. imports from countries buying Venezuelan oil. However, price gains may be limited …

By: Team Kalkine | Mar 25, 2025 | Read Time : 10 Mins

Global Market Dynamics: U.S. Federal Reserve Anticipation, Tariff Expectations, and Geopolitical Impacts on Commodities

Image Source : Krish Capital Pty Ltd U.S. stock index futures rose sharply on Monday, March 24, 2025, as reports indicated that upcoming U.S. trade tariffs under President Donald Trump may be more targeted and less severe than previously feared, alleviating concerns over their economic impact. At 06:00 ET, Dow Jones Futures climbed 320 points (0.8%), S&P 500 Futures gained 53 points (0.9%), and Nasdaq 100 Futures advanced 230 points (1.2%). This follows a challenging period for Wall Street, with major indices hitting six-month lows earlier in March due to fears that Trump’s tariffs would fuel inflation, disrupt global trade, and hinder economic growth. The more limited scope of the tariffs, expected to target about 15 countries and exclude sectoral levies, has sparked cautious optimism among investors. Market MoversIn the …

By: Team Kalkine | Mar 24, 2025 | Read Time : 10 Mins

Weekly Market Recap: Fed Signals, Market Movers & Commodities Update

Image Source : Krish Capital Pty Ltd Index Update Investor sentiment was influenced by the Fed's decision to hold rates while signaling two possible cuts this year. Concerns over inflation and downgraded growth forecasts raised stagflation fears. Nike and FedEx fell over 5% after weak earnings, while Micron Technology gained 1% on strong results and an optimistic outlook. Market Movers On Thursday, the top gainers were OptiNose, Inc. (+57.83%), followed by Autolus Therapeutics plc (+6.7%). On the contrary Titan Machinery Inc. (-15.55%) and JOYY Inc. (-10.41%) declined the most the same day. Commodities Update Brent crude rose above $72 per barrel, set for its best week since January, as US sanctions on Iran and OPEC+ output cuts fueled supply concerns. The US targeted Chinese refineries and vessels transporting Iranian oil, …

By: Team Kalkine | Mar 21, 2025 | Read Time : 10 Mins

Daily Market Recap: Fed Signals, Sector Gains, and Key Trends

Image Source : Krish Capital Pty Ltd Index Update All 11 S&P sectors gained, led by consumer discretionary, energy, and technology stocks, following the Fed’s decision to hold rates while projecting future cuts amid slowing growth and weaker employment. Despite inflation risks from Trump’s trade policies, Fed Chair Powell downplayed tariff concerns. Investors now await jobless claims data and earnings reports from Nike, FedEx, Micron Technology, and Darden Restaurants. Market Movers On Wednesday, the top gainers were Black Diamond Therapeutics, Inc (+38.69%), followed by Bowen Acquisition Corp (+18.84%). On the contrary FST Corp. (-34.43%) and GDS Holdings Limited (-16.47%) declined the most the same day. Commodities Update Oil prices have fluctuated over the past two weeks, with WTI crude futures around $67 per barrel. Geopolitical tensions, including Israel's renewed ground …

By: Team Kalkine | Mar 20, 2025 | Read Time : 10 Mins

Global Market Dynamics: U.S. Federal Reserve Anticipation, Turkish Volatility, and Geopolitical Impacts on Commodities

Image Source : Krish Capital Pty Ltd Index Update On Tuesday, the Dow Jones Industrial Average fell 0.6%, the S&P 500 declined 1.1%, and the Nasdaq Composite dropped 1.7%, ending a two-day rebound as concerns over U.S. economic slowdown and President Donald Trump’s tariff policies weighed on Wall Street. U.S. stock futures edged higher on Wednesday, with Dow futures up 45 points (0.1%), S&P 500 futures gaining 15 points (0.3%), and Nasdaq 100 futures rising 65 points (0.3%), reflecting cautious optimism ahead of the Federal Reserve’s policy decision. The Fed is expected to maintain interest rates at 4.25%-4.50%, with markets pricing in 60 basis points of cuts this year, while U.S. Treasury Secretary Scott Bessent noted recession risks despite calling market corrections “healthy.” Market Movers Tesla (NASDAQ:TSLA) gained attention after …

By: Team Kalkine | Mar 19, 2025 | Read Time : 10 Mins

Market Update: Stocks Hold Steady, Oil Rises, and Fed in Focus

Image Source : Krish Capital Pty Ltd Index Update On Monday, the Dow rose 0.85%, the S&P 500 gained 0.64%, and the Nasdaq edged up 0.31%, with 10 of 11 S&P sectors closing higher. Despite gains, the Nasdaq remains in a correction, down over 11% from a recent high. Weak retail sales data raised speculation of potential Fed rate cuts later this year. Treasury Secretary Bessent called market corrections “healthy” but acknowledged recession risks. Investors now await the Fed’s policy decision on Wednesday, with rates expected to remain unchanged. Market Movers On Monday, the top gainers were Annexon, Inc. (+21.15%), followed by Science Applications International Corporation (+14.73%). On the contrary Incyte Corporation (-11.58%) and Affirm Holdings, Inc. (-6.77%) declined the most the same day. Commodities Update WTI crude oil futures …

By: Team Kalkine | Mar 18, 2025 | Read Time : 10 Mins

Economic Update: Markets React to Tariffs, Fed Policy, and Global Tensions

Image Source : Krish Capital Pty Ltd Index Update The Dow dropped 3.1% last week, its worst performance since 2023, amid Trump’s escalating tariffs and recession fears. Markets now look to U.S. retail sales data for consumer spending insights and the Federal Reserve’s policy decision on Wednesday, where rates are expected to remain steady. Additionally, Nvidia CEO Jensen Huang will discuss AI advancements at the GTC developer conference this week. Market Movers On Friday, the top gainers were Radius Recycling, Inc. (+107.54%), followed by Applied Optoelectronics, Inc. (+49.09%). On the contrary AirSculpt Technologies, Inc. (-15.31%) and Turtle Beach Corporation (-10.78%) declined the most the same day. Commodities Update Brent crude oil futures rose to around $71.2 per barrel, driven by China’s new measures to boost consumption, including income-raising initiatives and …

By: Team Kalkine | Mar 17, 2025 | Read Time : 10 Mins

US Market Commentary: Futures Rebound Amid Tariff Tensions and Economic Uncertainty

Image Source : Krish Capital Pty Ltd Futures Higher U.S. stock futures rose on Friday, following a tumultuous session where the S&P 500 entered correction territory due to investor concerns over President Trump's tariff plans. By early Friday, S&P 500 futures were up 0.5%, Nasdaq 100 futures rose 0.6%, and Dow futures climbed 0.3%. The previous day's decline was driven by Trump's threat to impose 200% tariffs on European wine and champagne, exacerbating market volatility and uncertainty. Tesla Warns of Tariff Impact Tesla expressed concerns about the potential impact of retaliatory tariffs from foreign countries in response to U.S. trade policies. In a letter to the U.S. Trade Representative, Tesla noted that past trade actions have led to increased tariffs on U.S.-exported electric vehicles, making them less competitive globally. This …

By: Team Kalkine | Mar 14, 2025 | Read Time : 10 Mins