Monthly Archives: January 2021

The benchmark 10-year Treasury yield rose after touching the lowest level since Jan. 5

Written on January 29, 2021 at 4:58 am, by

Market Focus U.S. equities mounted a comeback from their worst loss since October as moves to limit retail traders’ speculation in some companies opened the door for hedge funds to load up on stocks they had been ditching. The S&P 500 Index rose 1% after trading platforms restricted activity in stocks whipsawed by internet chatter,Continue Reading

The Stoxx Europe 600 Index declined the most in five weeks as the European Union and AstraZeneca Plc squabbled over vaccine delivery delays

Written on January 28, 2021 at 3:40 am, by

Market Focus U.S. stocks extended losses in after-hours trading after disappointing earnings from tech giants and amid growing concern that equities have become overvalued. The dollar jumped the most since September and Treasury yields slipped. Facebook Inc. and Tesla Inc both fell after reporting results, dragging down ETFs that track major stock gauges. The S&PContinue Reading

Global stocks are mostly threading water near record highs as US corporate earnings season gears up this week

Written on January 27, 2021 at 3:52 am, by

Market Focus US stocks ended an up-and-down session slightly lower, weighed down by worries over virus variants and hurdles to a fresh aid package. Futures on the Nasdaq 100 Index jumped after hours following a strong earnings report from Microsoft Corp. The S&P 500 dropped just over 0.1% on an uneventful day at the indexContinue Reading