MARKETS TODAY May 18th, 2023 (Vica Partners) Yesterday US Markets finished higher, S&P 500 +1.19%, DOW +1.24% and the Nasdaq +1.28%. 8 of 11 of the S&P 500 sectors higher, Energy +1.63% and Industrials +1.58% outperform/ Utilities -0.54% lags. Russel 2000 +2.21%. Treasury Yields. USD Index, Oil and Bitcoin gain. In economic news, Housing Starts/building … Read more
MARKETS TODAY May 17th, 2023 (Vica Partners) Yesterday US Markets finished lower, S&P 500 -0.64%, DOW -1.01% and the Nasdaq -0.18%. 10 of 11 of the S&P 500 sectors declined, Real Estate -2.30% and Energy -2.24% lagged/ Information Technology +0.09% outperformed. NYFANG+, Treasury Yields and the USD Index gained. In economic news, Retail sales increased … Read more
MARKETS TODAY May 16th, 2023 (Vica Partners) Yesterday US Markets finished moderately higher, S&P 500 +0.30%, DOW +0.14% and the Nasdaq +0.66%. 9 of 11 of the S&P 500 sectors advanced: Financials +1.25% outperformed/ Utilities -0.74% lagged. Treasury Yields, Gold, Bitcoin, Oil and the Bloomberg Commodity Index all gained. In economic news, the Empire State … Read more
MARKETS TODAY May 15th, 2023 (Vica Partners) Last Friday, US Markets finished marginally lower S&P 500 -0.16%, DOW -0.03% and the Nasdaq -0.35%. 9 of 11 of the S&P 500 sectors lower: Utilities +0.63% outperformed/ Financials -0.57% and Real Estate -0.52% lagged. Treasury Yields and the USD Index gained while Gold, Bitcoin and Oil declined. … Read more
MARKETS TODAY May 12th, 2023 (Vica Partners) Yesterday, US Markets finished mixed S&P 500 -0.17%, DOW -0.66% and the Nasdaq +0.18%. 8 of 11 of the S&P 500 sectors lower: Materials and Energy underperformed/ Communication Services outperformed. Mega cap growth tech continued to gain with NY FANG+ 0.90%. Treasury Yields, Gold, Bitcoin and Oil all … Read more
MARKETS TODAY May 10th, 2023 (Vica Partners) Yesterday, US Markets finished lower the S&P 500 -0.46%, DOW -0.17% and Nasdaq -0.63%. 9 of 11 of the S&P 500 sectors declined: Information Technology underperformed/ Industrials outperformed. Mega cap growth lagged as the Semiconductor ETF (SOXX) was off 1.70%. Yields, Oil and Gold advanced. Overnight/Premarket, Asian markets … Read more
MARKETS TODAY May 9th, 2023 (Vica Partners) Yesterday, US Markets finished mixed the S&P 500 and Nasdaq only saw moderate gains. Mega cap growth continued to outperform with NYFANG+ Index +1.6%. 6 of 11 of the S&P 500 sectors declined, Utilities lagged while Yields and Oil gained. In economic news, the Feds quarterly loan survey … Read more
MARKETS TODAY May 8th, 2023 (Vica Partners) Last Friday, US Markets finished sharply higher, the S&P 500 +1.85%, DOW +1.65%, Nasdaq +2.25%. All 11 of the S&P 500 sectors gained, Energy and Financials outperformed. Yields rose, Oil >4% and Bitcoin >2%. In economic news, U.S. job growth picked up in April while wage gains increased. … Read more
MARKETS TODAY May 5th, 2023 (Vica Partners) Yesterday, US Markets finished lower, the S&P 500 -0.72%, DOW -0.86%, Nasdaq -0.49%. 9 of 11 of the S&P 500 sectors declines, Industrials and Financials led underperformed/ Utilities outperformed. On the upside, Yields rise and Oil and Bitcoin had modest gains. In economic news, US Productivity declined more … Read more
MARKETS TODAY May 4th, 2023 (Vica Partners) Yesterday, US Markets finished lower, the S&P 500 -0.70%, DOW -0.80%, Nasdaq -0.46%. 9 of 11 of the S&P 500 sectors finished lower, Energy -1.50% led decliners/ Healthcare outperformed. Gold +1.7% and Bitcoin +1.5 while Yields moved lower. The Fed hikes by 25bps to 5.25% but acknowledged inflation … Read more