setoca Key Market Drivers & News 1. A Major Shift in Economic Narrative: Unprecedented Employment Report: The July jobs report came as a shock to the market. The previous two months’ job creation figures were revised downwards significantly, with some reports suggesting up to 90% of previously announced jobs disappeared from the data. The July report … Read more
Market Performance Overview (Current Day) S&P 500: Declined 0.37% to 6,339.39, continuing a recent downward trend. Nasdaq: Slightly down 0.03% to 2122.45, with strong performance in some tech giants unable to lift the index. Dow Jones: Dropped 0.74% to 44,130.98, impacted by weakness in healthcare and other sectors. Gold: Down 0.27% to $3,343.60 per troy … Read more
Market Performance Overview (Current Day) S&P 500: Declined slightly by 0.12% to close at 6,362.90, showing a pause after recent gains. Nasdaq: Rose 0.15% to 2129.67, driven by strength in Nvidia. Dow Jones: Fell 0.38% to 44,461.28, continuing yesterday’s slide. Gold: Decreased significantly by 1.58% to $3,328.50 per troy ounce. Oil (WTI): Extended gains for … Read more
Market Performance Overview (Current Day) S&P 500: Declined 0.3% to 6,370.86, taking a breather after recent highs. Nasdaq: Fell 0.38% to 2198.29, with upward momentum somewhat constrained. Dow Jones: Down 0.46% to 44,632.99, pressured by disappointing UnitedHealth earnings. Gold: Rose slightly by 0.04% to $3,323.30 per troy ounce. Oil (WTI): Increased over 4% to $69.46 … Read more
Market Performance Overview (Current Day) S&P 500: Up slightly by 0.02% to 6,389.77. Nasdaq: Rose 0.33% to 2178.58, showing limited upside despite record-high expectations. Dow Jones: Down 0.14% to 44,837.56, reflecting a mixed sentiment. Volatility Index (VIX): Up 0.1% to 15.03, but still at a relatively low level. Gold: Declined 0.54% to $3,317.70 per troy … Read more
Trump Administration’s Criticism and Fed’s Independence The Trump administration has openly criticized Fed Chair Jerome Powell, advocating for immediate interest rate cuts and even suggesting Powell’s resignation. The Federal Open Market Committee (FOMC) bases its policy decisions on its judgment and analysis to achieve its mandated goals: maximum employment and price stability. While external criticism … Read more
Japan-US Tariff Agreement and Stock Market Reaction The announcement of the Japan-US tariff agreement on July 23rd led to a positive reaction in the Japanese stock market. The Nikkei 225 index briefly surged to the ¥42,000 level. This market enthusiasm stemmed from avoiding a worst-case scenario, such as 25% automobile tariffs. Instead, car tariffs were … Read more
Market Performance Overview Major indices continued their rally today. The S&P 500 climbed 0.4%. It set another record at 6,388.64. The Nasdaq rose 0.24%. It reached 21,108.32. The Dow Jones also gained 0.47%. It closed at 44,901.92. Small-cap stocks showed mixed performance. The Russell 2000 was up 0.40% at 2,261.07. The VIX volatility index kept … Read more
Market Performance Overview The S&P 500 and Nasdaq continued their upward trend today. The S&P 500 gained 0.07%. It closed at a new record high of 6,363.35. The Nasdaq rose 0.18%. It reached 21,570.96. The Dow Jones Industrial Average, however, fell 0.7%. It closed at 44,694.09. This broke the 45,000 level. UnitedHealth’s significant drop largely … Read more
Market Performance Overview All three major indices posted significant gains today. This was driven by positive trade news from Japan. The S&P 500 index jumped 0.78%. It closed at a new record high of 6,358.91. This brings the 6,500 level within sight. The Nasdaq also rose 0.61%. It gained 127 points to 21,202.02. The Dow … Read more
