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Daily-Wrap

Market and Economic Updates: Key Trends and Insights

Index Update & Market Movers -US stocks showed mixed results on Monday: the Dow soared over 300 points, while the Nasdaq slid 0.6% as tech stocks like Nvidia and Palantir extended losses. Rising bond yields and a stronger-than-expected jobs report added pressure, dimming hopes …

Team Kalkine | 14 January 2025

Market Update: Stocks Mixed Ahead of Jobs Report; Oil Prices Surge & Labor Market Shows Resilience

On Wednesday, the Dow and S&P 500 rose by 0.25% and 0.16%, respectively, while the Nasdaq Composite fell by 0.06%. The bond market stabilized after a $22 billion US Treasury sale eased recent yield spikes. Ahead of Friday’s jobs report, data showed a slowdown …

Team Kalkine | 10 January 2025

Market Overview: Stocks Slide as Treasury Yields Rise, Inflation Fears Mount, and Tariff Concerns Intensify

Index Update- Stocks in the US turned lower in afternoon trading as economic data pushed Treasury yields higher, cooling hopes for Fed rate cuts later this year. The S&P 500 dropped 1%, the Dow Jones fell 250 points (-0.6%), and the Nasdaq 100 slid …

Team Kalkine | 08 January 2025