Avatar photoMatthew Krumholz

Tech and Bank Stocks Pop Monday, Market Buying-In to Soft Landing

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MARKETS TODAY July 17th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hang Seng gained 0.33%, while China’s Shanghai Composite -0.87%, Japan’s Nikkei 225 -0.09% ended lower. European markets finished lower today with France’s CAC 40 is down 1.12%, London’s FTSE 100 off 0.38% and Germany’s DAX is lower by 0.23%. S&P futures opened … Read more

DOW Up as United Health Care Sparks Sector Rally; Big Banks Earnings Support Soft Landing

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MARKETS TODAY July 14th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng +0.33%, China’s Shanghai Composite +0.04%,  Japan’s Nikkei 225 -0.09%,. European markets finished mixed, France’s CAC 40 +0.06%, Germany’s DAX -0.22%, London’s FTSE 100 -0.08%. S&P futures were trading at +0.1% above fair value. Today US Markets finished mixed, … Read more

BIG Tech Leads as NYSE Fang+ Soars; Inflation Report Focus Turns to Earnings

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MARKETS TODAY July 13th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished firmly higher, Hong Kong’s Hang Seng +2.60%, Japan’s Nikkei 225 +1.49%, China’s Shanghai Composite +1.26%. European markets finished higher, Germany’s DAX +0.74%, France’s CAC 40 +0.50%, London’s FTSE 100 +0.32%. S&P futures were trading at +0.4% above fair value. Today US Markets finished … Read more

Nasdaq and Semiconductors Lead Wednesday Rally, Core Inflation Eases to 27 Month Low

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MARKETS TODAY July 12th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng +1.08%, Japan’s Nikkei 225 -0.81%, China’s Shanghai Composite -0.78%. European markets finished broadly higher, London’s FTSE 100 +1.93%, France’s CAC 40 +1.69%, Germany’s DAX +1.54%. S&P futures were trading at +0.6% above fair value. Today US Markets finished … Read more

Dow Rises 317 Points as U.S. Equities Breadth Improves, Q2 Earnings Kickoff Friday

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MARKETS TODAY July 11th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished higher,  Hong Kong’s Hang Seng +0.97%, China’s Shanghai Composite +0.55%, Japan’s Nikkei 225 +0.04%. European markets finished higher, France’s CAC 40 +1.07%, Germany’s DAX +0.75%, London’s FTSE 100 +0.12%. S&P futures were trading at +0.1% above fair value. Today US Markets finished higher, … Read more

Dow Rises 210 Points as Big Tech Soft, Pivotal CPI Data Awaits Market Wednesday

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MARKETS TODAY July 10th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng +0.62%, China’s Shanghai Composite +0.22%, Japan’s Nikkei 225 -0.61%. European markets finished higher, France’s CAC 40 +0.57%, Germany’s DAX 0.42%, London’s FTSE 100 +0.30%. S&P futures were trading at -0.1% below fair value. Today US Markets finished higher, … Read more

Energy Outperforms on Lackluster Friday, Mixed Economic Data this Week Set Market Back

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MARKETS TODAY July 7th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, Japan’s Nikkei 225 -1.17%, Hong Kong’s Hang Seng -0.90%, China’s Shanghai Composite -0.28%. European markets finished mixed, Germany’s DAX +0.48%, France’s CAC 40 +0.42%, London’s FTSE 100 -0.32%. S&P futures were trading at -0.2% below fair value. Today US Markets finished lower, … Read more

US Market Sells-Off on Strong Economic Data, Traders Price in 90% Chance of Fed July Hike

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MARKETS TODAY July 6th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, Japan’s Nikkei 225 -0.98%, Hong Kong’s Hang Seng and China’s Shanghai Composite closed. European markets finished sharply lower, France’s CAC 40 -3.13%, Germany’s DAX -2.57%, London’s FTSE 100 -2.17%. S&P futures were trading at -0.6% below fair-value. Today US Markets finished lower, … Read more

Indexes End Lower as Materials Lag, Fed’s New Index Shows Rates Weigh Heavily on Economic Growth

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MARKETS TODAY July 5th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, Hong Kong’s Hang Seng -1.62%, China’s Shanghai Composite -0.69%, Japan’s Nikkei 225 -0.25%. European markets finished lower, London’s FTSE 100 -1.03%, France’s CAC 40 -0.80%, Germany’s DAX -0.63%. S&P futures were trading at -0.5% below fair-value. Today US Markets finished lower, S&P … Read more

Stocks Mostly Flat in Shortened Session, S&P Banking ETF (KRE) and Bitcoin with Solid Gain

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MARKETS TODAY July 3rd, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished higher, Hong Kong’s Hang Seng +2.14%, Japan’s Nikkei 225 +1.70%, China’s Shanghai Composite 1.31%. European markets finished lower, Germany’s DAX -0.41%, France’s CAC 40 -0.18%, London’s FTSE 100 -0.06%. S&P futures were trading at 0.8% below fair-value. Today US Markets finished moderately higher, … Read more