A cooler-than-expected core PCE lifted stocks early, but a rebound in yields and a sharp final-hour selloff left the Nasdaq as the lone gainer on the day and month.
Boeing’s Navy win, iPhone Duo expectations, and other headlines moving the market this morning.
Major indices were down for a second session Tuesday but finished well off the lows after a key Fed voice said there’s “no need for urgency” on rate hikes.
We face additional headwinds this week, but I also continue see many reasons to be bullish.
The Semiconductor stocks remain oversold and getting worse. Could the bank stocks be next?
U.S.-Iran peace draft, dollar strength, falling oil, Warsh’s debut, and other headlines are moving stocks this morning.
Stocks in Asia and Europe get boost as markets appear to believe the Iran peace agreement. Also, let’s check the S&P’s chart and the week ahead.
