The market is tumbling on the compounded effect of cooling inflation and reinvigorated recession fear. The July CPI report set the market into motion, leading it to believe that interest rate cuts are coming, sparking a sector rotation that is evolving into a major stock market meltdown. The meltdown is caused by fear of recession…
The significant increase in the price of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) on August 2,… This article 🚀 UVXY skyrocketed 35.71% in a single day! What’s driving this insane market move? appeared first on Guerilla Stock Trading. Source link
Hiring Slows, Unemployment Rises The Labor Department reported a slowdown in hiring to 114,000 jobs last month, with… This article Hiring hits a snag! 🚧 Jobs added in July fell short, but there’s a twist—unemployment rate jumps to 4.3%! 📉 appeared first on Guerilla Stock Trading. Source link
SPY SPDR S&P 500 ETF Trust $542.45 +1.09 (+0.20%) (As of 06/13/2024 ET) 52-Week Range $409.21 ▼ $544.12 Dividend Yield 1.24% Assets Under Management $535.92 billion The Federal Open Market Committee (FOMC) didn’t exactly give the market what it wanted, but the policy statement and outlook have the S&P 500 NYSEARCA: SPY on track to hit…
Apple shares climbed 6% to a record high on Tuesday, a day after unveiling new artificial intelligence features meant to increase the appeal of its devices, including the iPhone. The rally comes as a breather for the stock, that has underperformed versus the benchmark S&P 500 this year, as Apple grapples with weak sales for…
June 11, 2024June 11, 2024 U.S. stock index futures are expected to drop slightly on Tuesday, possibly leading to a calm trading session. Investors are focusing on upcoming important inflation data and the Federal Reserve’s policy announcement, which will happen next week. Despite a volatile trading day, the S&P…
From New York to London to Tokyo, if there’s one similarity among the world’s equity markets it’s this: record highs.Of the world’s 20 largest stock markets, 14 have hit all-time highs recently. The MSCI ACWI Index, which tracks developed and emerging markets, has been on a record-breaking run, setting another new high on Friday. In…