MARKETS TODAY

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

Wall Street Broadly Higher as Tech Leads, Nasdaq Best Performance in 40 Years

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MARKETS TODAY June 30th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, China’s Shanghai Composite 0.62%, Japan’s Nikkei 225 -0.14%, Hong Kong’s Hang Seng -0.09%. European markets finished higher, Germany’s DAX +1.26%, France’s CAC 40 +1.19%, London’s FTSE 100 +0.80%. S&P futures were trading at 0.2% above fair-value. Today US Markets finished higher, S&P … Read more

Nasdaq Up as Dow, S&P 500 End Lower; Possible China Chip Restrictions Curb Tech Rally

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MARKETS TODAY June 28th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Japan’s Nikkei 225 +2.02%, Hong Kong’s Hang Seng +0.12%, China’s Shanghai Composite 0.00%. European markets finished higher, France’s CAC 40 +0.98%, Germany’s DAX +0.64%, London’s FTSE 100 +0.52%. S&P futures were trading at 0.1% below fair-value. Today US Markets finished mixed, S&P … Read more

Indices Close Higher On Bullish Economic News; Semiconductor ETF (SOXX) Jumps 3.5%

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MARKETS TODAY June 27th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished mixed, Hong Kong’s Hang Seng +1.88%, China’s Shanghai Composite +1.23%, Japan’s Nikkei 225 -0.49%. European markets finished higher, France’s CAC 40 +0.43%, Germany’s DAX +0.21%, London’s FTSE 100 +0.11%. S&P futures were trading at 0.1% above fair-value. Today US Markets finished higher, S&P … Read more

Stock Mostly Lower Monday, Russell 2k Rallies as Banking ETF (KRE) Gains

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MARKETS TODAY June 26th, 2023 (Vica Partners) Overnight/US Premarket, Asian markets finished lower, China’s Shanghai Composite -1.481%, Hong Kong’s Hang Seng -0.51%, Japan’s Nikkei 225 -0.25%. European markets finished mixed, France’s CAC 40 +0.29%, London’s FTSE 100 -0.11%, Germany’s DAX -0.11%. S&P futures were trading at 0.2% below fair-value. Today US Markets finished lower, S&P … Read more

Big Tech Sells Off Wednesday, Bitcoin Rallies Pending BlackRock ETF Approval

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MARKETS TODAY June 21st, 2023 (Vica Partners) On Tuesday, US Markets finished lower, S&P 500 -0.47%, DOW -0.72%, NASDAQ -0.16%. 10 of 11 of the S&P 500 sectors declining:  Consumer Discretionary +0.75% outperforms/ Energy -2.29% lags. On the upside, NY FANG+, Mega Cap Tech, Bitcoin, Treasury Yields mixed. In economic news, Housing Marker Index and … Read more

U.S. Stocks Decline on China Slumping Economy Worries, Tesla and Nvidia Rally Continues

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MARKETS TODAY June 20th, 2023 (Vica Partners) Last Friday, US Markets finished lower, S&P 500 -0.37%, DOW -0.32%, Nasdaq -0.68%. 8 of 11 of the S&P 500 sectors declining:  Utilities +0.53% outperforms/ Communication Services -1.00% lags. On the upside, Treasury Yields, USD Index, Bitcoin, Oil and the Bloomberg Commodity Index. In economic news, U of … Read more

Treasury Yields and USD Index Edge Higher, Fed Warns Against Ending Rate Hikes Too Soon

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Thursday, US Markets finished higher, S&P 500 +1.22%, DOW +1.26%, NASDAQ +1.15%. All 11 S&P 500 sectors advancing: Health Care +1.55% outperforms/ Real Estate +0.34% lags. On the upside, S&P Banking ETF (KRE), IPO’s, Gold, Bitcoin, Oil Brent and the Bloomberg Commodity Index. In economic news, initial claims remained flat with last week, headline retail … Read more