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So far this morning, U.S. stocks are holding onto yesterday’s momentum, where the S&P 500 Index spent the entire session positive for the first time since its last all-time closing high on Jan. 26.
Small business owners regained their high optimism in January following December’s retreat from November’s 13-year highs, with the National Federation of Independent Business Small Business Optimism Index rising 2.0 points 106.9.
Significant 4th QT earnings reports due today:
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...
The ARK Innovation ETF has chopped in a range for the last two years, and some traders may expect a push back to longer-term lows. The first pattern on today’s chart is the rounded top in February and March. It was slightly below the peak of ... For more,...
Energy stocks have led the market this year, and now they've pulled back. The S&P Select Energy SPDR fund (XLE) jumped to $98.97 last Friday -- the highest level in almost a decade. It pulled back this week and touched $93.73 before bouncing. That was just $0.04...