U.S. stock index futures saw a modest rise on Friday morning prior to the release of the September jobs report. What’s happening On Thursday, there were small decreases in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. The Dow Jones went down by 10 points (equivalent to 0.03%)...
Adding to the array of challenges facing the U.S. stock market, a new concern emerges: systematic trend-following funds are reducing their market exposure, potentially exacerbating downward pressure on the markets in the upcoming weeks. Goldman analysts estimate that commodity trading advisors (CTAs), a subset of trend-following hedge funds typically engaged...
Key Insights for Today’s U.S. Trading Session While you were away, the yield on the 30-year Treasury briefly exceeded 5% earlier today, indicating ongoing turbulence in the bond market. Influential figures in the world of finance are sounding the alarm: Amidst the stock market’s erratic performance, technical analysts are closely...
U.S. Equity Futures Swing Amid Dollar’s Rally and Fed Rate Hike Concerns On Tuesday, U.S. equity futures exhibited a see-sawing performance, influenced by the surging dollar and apprehensions surrounding potential Fed interest rate hikes, along with surging Treasury bond yields. The U.S. dollar index, which gauges the greenback against six...
Ryan Belanger, a strategist from Claro Advisors, has expressed concerns that the fourth quarter of 2023 might not live up to historical averages. He cites macroeconomic forces indicating a potential recession as the reason behind this apprehension. While the third quarter of 2023 adhered closely to stock-market seasonality patterns, with...
In September, the S&P 500 experienced its most substantial monthly decline since December of the previous year, with a 4.9% loss. On Friday, U.S. stock markets closed with most indices in the red as investors assessed the latest inflation data from the Federal Reserve. This marked the conclusion of a...
