Overview | Weekly Major U.S. Economic Reports

Stay Informed and Stay Ahead: Economic Information, February 16th, 2024. Market Data: Economic Reports Economic Data: Today’s key economic data reveals a 0.3% month-over-month increase in PPI, with a 0.9% rise on an annual basis. Services costs saw significant growth, the highest since July. Core PPI year-over-year is up by 2.6%, in line with expectations. … Read more

Indices Gain, Small Caps Outperform; Energy Leads Amid Soft Retail Sales

Stay Informed and Stay Ahead: Market Watch, February 15th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Initial jobless claims fell to 212,000, below the forecasted 220,000, while US retails sales in Jan. came up soft and Mfg. surveys beat. Market Indices: DJIA (+0.91%), S&P 500 (+0.58%), Nasdaq Composite (+0.30%). Sector Performance: … Read more

Market Fluctuations: ETFs React to Federal Reserve Speaker Days

Stay Informed and Stay Ahead: Resources, February 12th, 2024. On Federal Reserve speaker days, certain Exchange-Traded Funds (ETFs) may respond more actively to market fluctuations. Here are some potentially effective ETFs to consider: Financial Sector ETFs: Funds like the Financial Select Sector SPDR Fund (XLF) tend to be sensitive to interest rate changes and monetary … Read more

Market Indices Rise, Led by Energy Sector; Bitcoin Resilient; IPOs Make Strong Comeback

Stay Informed and Stay Ahead: Market Watch, February 8th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Initial jobless claims fell to 218,000, below the forecasted 220,000 and prior 227,000, while December’s wholesale inventories rose 0.4%. Market Indices: DJIA (+0.13%), S&P 500 (+0.06%), Nasdaq Composite (+0.24%). Sector Performance: 6 of 11 sectors … Read more

2024 Econonomic Forecast: Expect Higher Inflation with Lower Interest Rates

Vica’s economic outlook for 2024 A cautiously optimistic perspective unfolds, forecasting a consistent GDP growth of 2.3 percent for the United States. The driving force behind this growth is the resilience exhibited in sectors like government, healthcare, and services, poised to lead the charge in job creation. Employment Trends The U.S. economy has been historically … Read more

Economic Growth Spurs Market Optimism; DJIA Rises, Financials Lead Sectors, Stable Yields Anticipate Fed Announcement

Stay Informed and Stay Ahead: Market Watch, January 30th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: November saw a 5.4% increase in the S&P Case-Shiller Home Price Index, December job openings reached 9.0 million, and January’s consumer confidence rose to 114.8 from December. Market Indices: DJIA (+0.35%), S&P 500 (-0.06%), Nasdaq … Read more

Inflation Cools, Home Sales Surprise; Consumer Finance, Amex Shine, Bitcoin Spikes

Stay Informed and Stay Ahead: Market Watch, January 26th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Inflation cools, December economic indicators showed modest gains in personal income and spending, with a big beat in home sales. Market Indices: DJIA (+0.16%), S&P 500 (-0.07%), Nasdaq Composite (-0.36%). Sector Performance: 6 of 11 … Read more

Rate Stability, Bond Surges, and China Tech Bull Soars >13% in Markets

Stay Informed and Stay Ahead: Market Watch, January 23rd, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Japan’s BoJ maintains its interest rate at -0.1%, Canada’s New Housing Price Index remains unchanged at 0.0% MoM in December, and EU’s Consumer Confidence (Flash) for January is -16.1. Market Indices: DJIA (-0.25%), S&P 500 … Read more

Jobless Claims Ease, Tech Takes Market, 30-Year Bond Bests, Bitcoin Retreats

Stay Informed and Stay Ahead: Market Watch, January 18th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: In January, jobless claims were 187,000, below the 208,000 forecast; Philly Fed Survey declined. December housing starts slightly missed at 1.46 million, while building permits exceeded at 1.5 million. Market Indices: DJIA (+0.54%), S&P 500 … Read more

Stubborn CPI Tempers Indices; Tech Leads, Bitcoin Spot ETF Approval Fuels Market Momentum

Stay Informed and Stay Ahead: Market Watch, January 11th, 2024. Market Highlights & Analysis: Indices, Sectors, and More… Economic Data: Jobless claims beat forecasts at 202,000. Dec. CPI and Core CPI slightly exceed expectations, with YoY increases. Market Indices: DJIA (+0.04%), S&P 500 (-0.07%), Nasdaq Composite (+0.00%). Sector Performance: 9 of 11 sectors lower; Information … Read more