Positive Weekly Charts Favored New Highs For The Stock Market This Week
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2021-11-05 11:03:54 All major equity averages ended October with positive weekly charts that favored stock market strength this week. The major averages are setting new all-time intraday highs this week. Here’s market data through November 4. The Dow Jones Industrial Average (DJI) broke out above its 50-day simple moving average on October 15 and set […]
US stocks hit record highs as key Fed policy meeting gets underway
2021-11-02 13:12:00 A stock trader claps at the end of trade at the New York Stock Exchange EMMANUEL DUNAND/AFP via Getty Images US stocks hit new records on Tuesday as investors eyed start the two-day meeting of the FOMC. Investors are bracing for a potential announcement that the Fed will begin tapering asset purchases. The […]
Stock futures extend gains after S&P 500, Dow log record highs
2021-10-26 12:34:41 Stocks extended gains to set fresh record highs on Tuesday as investors took in another hefty set of earnings and economic data. All three major U.S. equity indexes moved higher. The S&P 500 and Dow each set all-time intraday highs, with equity investors proving resilient even in the face of ongoing supply chain […]
Why Tesla and Cloudflare Soared to All-Time Highs Monday
2021-10-25 12:14:00 The stock market has done quite well recently, gaining momentum after a brief scare in September related to rising inflationary pressures and worries about the COVID-19 delta variant. Investors seem a lot more comfortable that the U.S. economy is strong enough to overcome headwinds and sustain its long-term growth trends. As of 1:30 […]
Will Airlines Send the Stock Market to New Highs?
2021-10-21 07:34:00 The stock market got off to a slow start on Thursday, giving back just a small portion of the huge gains that it has enjoyed over the past couple of weeks. Immediately after the market opened at 9:30 a.m. EDT, the Dow Jones Industrial Average (DJINDICES:^DJI) was down 62 points to 35,548. The […]
Investor bullishness is lowest in a year even as the stock market nears record highs, Bank of America survey finds
2021-10-19 09:22:56 Traders have been cheered by earnings but are still concerned about inflation. Brendan McDermid/Reuters Even as stocks near record highs, investors remain skeptical, according to a survey from Bank of America. Investor bullishness is sitting at a 1-year low amid concerns of rising inflation and supply chain disruptions. But third-quarter earnings are beating […]