Avatar photoMatthew Krumholz

Indexes Fall Tuesday as fear over tight labor market and rising wages continue to drag on the Market

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MARKETS TODAY Feb 21 (Vica Partners) DOW (^DJI) 33,130 (-697), S&P 500 (^GSPC) 3,997 (-82) Nasdaq (^IXIC) 11,492 (-295), Russell 2000 (^RUT) 1,890 (-56), NYSE FANG+ (^NYFANG) 5,396 (-141), Brent Crude $82.78/barrel (-$1.29), Gold $1,835/oz (-$7), Bitcoin $23.4k (-$423) Session Overview                                                                Flash PMIs top estimates, services remain strong New orders best since October Fear over … Read more

Looking Ahead: Short Week with economic data, central bank commentary and key earnings

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MARKETS TODAY Feb 20 @10:30 am EST (Vica Partners) (^DJI) 33,827 (), S&P 500 (^GSPC) 4,079 () Nasdaq (^IXIC) 11787 (), Russell 2000 (^RUT) 1,946 (+4), NYSE FANG+ (^NYFANG) 5,537 (), Brent Crude $83.99/barrel (+$0.99), Gold $1,843/oz (+$4), Bitcoin $24.9k (+$635) Week Ahead Overview                                                                US Market Closed for President’s Day/ Monday S&P 500 Index ($SPX) … Read more

U.S. defensive stocks up as the Fed’s new message to the Market is higher rates for longer

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Index of leading economic indicators was negative past 2 months a strong recession warning signal

MARKETS TODAY Feb 17 (Vica Partners) DOW (^DJI) 33,827 (+130), S&P 500 (^GSPC) 4,079 (-11) Nasdaq (^IXIC) 11787 (-69), Russell 2000 (^RUT) 1,946 (+4), NYSE FANG+ (^NYFANG) 5,537 (-67), Brent Crude $82.98/barrel (-$2.16), Gold $1,842/oz (+$8), Bitcoin $24.7k (+$1,181) Session Overview                                                                Index of leading economic indicators was negative the past two months, recession signal US … Read more

Wall Street ends lower Thursday as producer pricing data came in hotter than expected

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US Dollar edges above 50d moving average

MARKETS TODAY Feb 16 (Vica Partners) DOW (^DJI) 33,697 (-432), S&P 500 (^GSPC) 4,090 (-57) Nasdaq (^IXIC) 11,856 (-214), Russell 2000 (^RUT) 1,942 (-19), NYSE FANG+ (^NYFANG) 5,608 (-206), Brent Crude $84.77/barrel (-$0.61), Gold $1,838/oz (+$1), Bitcoin $24.5k (+$155) Session Overview                                                                PPI and Core PPI came in high, jobs claims in line Indexes finish lower, … Read more

Indexes up Wednesday as Nasdaq and Russell 2000 lead, U.S. retail sales biggest gain in two years

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U.S. retail sales in January, biggest gain in two years

MARKETS TODAY Feb 15 (Vica Partners) DOW (^DJI) 34,128 (+39), S&P 500 (^GSPC) 4,148 (+11) Nasdaq (^IXIC) 12,170 (+110), Russell 2000 (^RUT) 1,961 (+21), NYSE FANG+ (^NYFANG) 5,813 (+32), Brent Crude $85.29/barrel (-$0.29), Gold $1,838/oz (-$17), Bitcoin $24.1k (+$1883) Session Overview                                                                US retail sales up on big jump in department store spending Manufacturing index came … Read more

Nasdaq and NYFANG+ lead as Dow lags Wednesday, CPI data mostly in line with expectations

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MARKETS TODAY Feb 14 (Vica Partners) DOW (^DJI) 34,090 (-156), S&P 500 (^GSPC) 4,136 (-1) Nasdaq (^IXIC) 11,960 (+68), Russell 2000 (^RUT) 1,945 (+4), NYSE FANG+ (^NYFANG) 5,785 (+134), Brent Crude $85.68/barrel (-$0.93), Gold $1,855/oz (+$0), Bitcoin $22.2k (+$367) Session Overview                                                                CPI data mostly in line with expectations, market reaction muted Indexes mixed, Nasdaq and … Read more

Stocks up Monday as economic growth data continues coming in better than expected

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MARKETS TODAY Feb 13 (Vica Partners) DOW (^DJI) 34,246 (+376), S&P 500 (^GSPC) 4,137 (+47) Nasdaq (^IXIC) 11,892 (+174), Russell 2000 (^RUT) 1,941 (+22), NYSE FANG+ (^NYFANG) 5,650 (+108), Brent Crude $86.61/barrel (+$0.22), Gold $1,854/oz (-$9), Bitcoin $21.7k (-$77) Session Overview                                                                Indexes up, Nasdaq and NYFANG+ lead Yields, a moderate decline 10 of 11 S&P … Read more

Dow leads Friday as Energy Sector jumps, U.S. consumer sentiment improves to a 13 month high

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MARKETS TODAY Feb 10 (Vica Partners) DOW (^DJI) 33,869 (+170), S&P 500 (^GSPC) 4,090 (+9) Nasdaq (^IXIC) 11,718 (-71), Russell 2000 (^RUT) 1,920 (+5), NYSE FANG+ (^NYFANG) 5,535 (-143), Brent Crude $86.48/barrel (+$1.99), Gold $1,864/oz (+$1), Bitcoin $21.7k (-$125) Session Overview                                                                Indexes mixed, Dow leads S&P 500 with late market day comeback, finishes just below … Read more

U.S. stock indexes ended lower Thursday as applications for unemployment rose for the first time in 6 weeks

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MARKETS TODAY Feb 9 (Vica Partners) DOW (^DJI) 33,700 (-249), S&P 500 (^GSPC) 4,082 (-36) Nasdaq (^IXIC) 11,790 (-121), Russell 2000 (^RUT) 1,919 (-24), NYSE FANG+ (^NYFANG) 5,694 (-29), Brent Crude $84.13/barrel (-$0.96), Gold $1,859/oz (-$16), Bitcoin $21.9k (-$1018) Session Overview                                                                Indexes fall S&P 500 4100 level is key market metric Yields rise, curve moving … Read more

Indexes close lower Wednesday as Fed signals future rate hikes for May

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MARKETS TODAY Feb 8 (Vica Partners) DOW (^DJI) 33,949 (-207), S&P 500 (^GSPC) 4,118 (-46) Nasdaq (^IXIC) 11,910 (-203), Russell 2000 (^RUT) 1,943 (-30), NYSE FANG+ (^NYFANG) 5,725 (-91), Brent Crude $85.12/barrel (+$1.43), Gold $1,875/oz (+$2), Bitcoin $22.9k (-$313) Session Overview                                                                Central bank 2% inflation target comments takes a toll on the market Indexes fall … Read more