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US Stocks Dip Ahead of Election & Fed Decision; Uranium Drops, Oil Rises, and Tech Faces Pressure

US stocks finished lower on Monday as investors brace for a pivotal week with the presidential election & the Fed’s policy decision. The S&P 500 & Nasdaq both fell 0.3%, while the Dow dropped 257 points. Election uncertainty & Fed’s expected 0.25% rate cut …

Team Kalkine | 05 November 2024

Market Roundup: U.S. Stocks Surge, Dollar Dips, Oil Climbs Amid Election Countdown

U.S. stocks closed sharply higher on Friday, kicking off November with gains as strong earnings from Amazon (+6.2%) and Intel (+7.8%) lifted market sentiment despite a disappointing jobs report. The S&P 500 rose 0.4%, Nasdaq climbed 0.8%, and the Dow gained 288 points. Investors …

Team Kalkine | 04 November 2024

Market Snapshot: Tech Turmoil and Economic Outlook Weigh on U.S. Stocks

The S&P 500 closed sharply lower Thursday as a tech rout led by Meta and Microsoft, combined with hotter inflation data, clouded prospects for deeper Federal Reserve rate cuts. The Dow fell 378 points (0.9%), the S&P 500 dropped 1.9%, and the NASDAQ plummeted …

Team Kalkine | 01 November 2024

Market Wrap-Up: U.S. Stocks Slide Amid Earnings Disappointments and Economic Concerns

U.S. stocks closed lower on Wednesday as investors digested corporate earnings amid signs of a cooling economy. The S&P 500 fell 0.3%, Nasdaq 100 dropped 0.6%, and the Dow lost 91 points.

Team Kalkine | 31 October 2024

Market Snapshot: Mixed Signals as Tech Soars, Economic Data Looms, and Commodities React

US stocks closed mixed on Tuesday as tech shares fueled gains ahead of key earnings and economic data. The Nasdaq 100 surged 1%, nearing a record high, while the S&P 500 rose 0.2% and the Dow fell 0.3%. Labor reports showed declining job openings, …

Team Kalkine | 30 October 2024

Market Update: US Stocks Gain as Geopolitical Tensions Ease; Key Economic Data Ahead

US stocks closed Monday in the green! The S&P 500 and Nasdaq rose 0.3%, while the Dow added 274 points. Relief spread as Israeli airstrikes on Iran avoided key facilities. Key economic releases, including GDP growth and PCE inflation, are on the horizon as …

Team Kalkine | 29 October 2024

US Stocks Climb Amid Earnings Season; Global Commodities and China Rally

US stocks climbed on Friday, with the S&P 500 up 0.5%, the Dow adding 160 points, and the Nasdaq gaining 0.6%! Earnings season is in full swing, with over a third of S&P 500 companies reporting. Treasury yields pulled back as concerns about slower …

Team Kalkine | 28 October 2024

Topgolf (NYSE:MODG) Lowers 2024 Revenue, EBITDA Forecast following Q2 performance

Topgolf Callaway Brands Corp. (NYSE: MODG) has a market cap of USD 1.86 billion. Itis a golf and active lifestyle company. Its segments include Topgolf, Golf Equipment, and Active Lifestyle.

Team Kalkine | 26 October 2024

Market Roundup: Tesla's Surge Sparks Mixed Trading as Yields Retreat

US stocks closed mixed as markets reacted to earnings and a dip in bond yields. The S&P 500 rose 0.2%, snapping a three-day losing streak, while the Nasdaq climbed 0.8%. The Dow fell 120 points, impacted by declines in IBM, Honeywell, and Boeing. Also, …

Team Kalkine | 25 October 2024

Market Overview: Indices Retreat Amid Rising Yields and Geopolitical Tensions

All three major US indices closed sharply lower on Wednesday, with the S&P 500 down 0.9% and the Nasdaq falling 1.6%, as rising Treasury yields and rate cut concerns weighed on the market. The Dow Jones lost 4.9 points, marking its worst day in …

Team Kalkine | 24 October 2024
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