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Stocks fell hard last week. Now they may need to hold a key level. The S&P 500 declined 4.8 percent between Friday, June 5, and Friday, June 12. It was the biggest weekly drop since the market started rebounding from coronavirus in late-March. The index briefly...
Strong economic data propelled stocks higher last week, nearly erasing the entire coronavirus decline. The S&P 500 surged 4.9 percent between Friday, May 29, and Friday, June 7. It was the third straight positive week, and the biggest gain since the beginning of...
Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in the holiday-shortened week between May 22 and May 29. The index also finished its second straight positive month and closed above the psychologically important 3,000 level....
The Nasdaq-100 rallied in May, and TradeStation clients played the move with several stocks and exchange-traded funds. Seven of the 10 most popular symbols on our platforms this month traded on the Nasdaq Stock Exchange or tracked its index. Some were new to the list....
Stocks took off last week as investors look for the coronavirus crisis to fade. The S&P 500 rose 3.2 percent between Friday, May 15, and Friday May 22. The index is back to its highest levels since early March and its second straight positive month. Transports had...
Earnings season is pretty much finished, and the main story wasn't Covid-19. Instead, it was the complete dominance of e-commerce and cloud computing. Megacap Internet companies like Amazon.com (AMZN), Facebook (FB) and Alphabet (GOOGL) climbed on strong results. They...
Stocks fell last week but held a key level. Attention will now focus on the economy reopening for Memorial Day. The S&P 500 initially tried to rally, only to fall on bearish comments from Dr. Anthony Fauci and Federal Reserve Chair Jerome Powell. At one point it...
Technology stocks continue to lead a small group of companies doing well amid the coronavirus lockdown. Cisco Systems (CSCO), Square (SQ), Logitech (LOGI) and Datadog (DDOG) all reported strong quarterly results over the last week. Several are direct beneficiaries of...
Stocks rallied last week on signs of the coronavirus crisis winding down. The S&P 500 began on a weak footing but held a key level from last summer. The index then turned higher and ended up 3.5 percent, its first positive week in the last three. More than...