Matthew Krumholz 
MARKETS TODAY Dec 12 (Vica Partners) – Wall Street rallied Monday ahead of key consumer-price data out tomorrow. Brent and WTI crude oil jumped more 3% today as the rally was driven by energy stocks. The top performing sectors today were Energy, up +1.92% and Information Technology advancing 1.84%. The S&P 500 (^GSPC) gained 1.43%, … Read more
MARKETS TODAY Dec 9 (Vica Partners) – Wall Street ended lower on Friday as investors await next week’s US inflation data for November scheduled on December 13. Other than communication services all other sectors declined. The Dow Jones Industrial Average dropped 305 points. The S&P 500 was down 0.73%, and the Nasdaq down 0.70%. The … Read more
MARKETS TODAY Dec 8 (Vica Partners) – The major stock market indexes were up today following five losing sessions. Investors embraced higher jobless claims data pointing to a slowing labor market. The best performing sectors today were Information Technology and Consumer Discretionary sectors, up 1.49% and 1.36%. Odds for a 50-basis-point hike at the mid-December … Read more
MARKETS TODAY Dec 7 (Vica Partners) – The Dow Jones Industrial Average ended little changed today. The best performing sectors today were Health Care and Real Estate sectors, up 0.67% and 0.26%. The Dow Jones Industrial Average even at 0 points. The S&P 500 declined 0.19%, and the Nasdaq off 0.51%. Key Market Statistics … Read more
MARKETS TODAY Dec 6 (Vica Partners) – The U.S. indexes fell sharply on Tuesday extending weekly losses; as historically high wages and last week’s unexpected U.S. ISM Services PMI data keep pressure on Fed to continue to raise rate. The Dow Jones Industrial Average fell 351 points. The S&P 500 declined 1.44%, and the Nasdaq … Read more
MARKETS TODAY Dec 5 (Vica Partners) – The U.S. indexes all fell Monday following Friday’s stronger-than-expected wages data and today, U.S. services sector activity report is keeping pressure on the Fed to further tighten monetary policy. The Dow Jones Industrial Average fell 483 points. The S&P 500 declined 1.79%, and the Nasdaq declined 1.93%. Key … Read more
MARKETS TODAY Dec 2 (Vica Partners) – The U.S. indexes were mostly flat Friday following the stronger-than-expected growth in jobs and wages data. The probability of a 75-basis point hike at the Fed’s December meeting rose today to 30.1% vs. the 21.8% yesterday, keeping pressure on the Fed to further tighten monetary policy. The Dow … Read more
MARKETS TODAY Dec 1 (Vica Partners) – The U.S. indexes finished Thursday mixed, with the Dow and S&P 500 falling after data showed that consumer spending rose sharply in October and job growth in November remaining strong. Today markets pricing in a 79% chance that the Fed will increase its key benchmark rate by 50 basis … Read more
MARKETS TODAY Nov 30 (Vica Partners) – U.S. stocks up on the last day of November as stocks rise following Powell’s comments and that U.S. private-sector job growth slowed from October however third-quarter U.S. GDP did come in higher than what economists expected. Markets already had been pricing in about a 65% chance that the … Read more
MARKETS TODAY Nov 29 (Vica Partners) – U.S. stocks closed mostly lower Tuesday as the Dow gained a mere 3 points following Monday’s selloff. Traders await both Jerome Powell’s remarks on economy and a slew of reports out later this week that could spark renewed worries among investors. The Dow Jones Industrial Average gained 3 … Read more