GO Daily News
Markets stage comeback rally as COVID fears ease.. for now
After Fridays steep decline on concerns of a resurgent COVID strain, global markets staged a comeback rally on Monday. Dip buyers appeared after investors reassessed their worst-case scenarios on the back of reassuring news that the threat from the omicron strain may have been initially overstated. Dow jones up 236.6 (0.68%) NASDAQ up 291.1...
Overnight on Wall Street: 22 June 2021
Equity Markets US equity markets bounced back on Monday after the significant falls from late last week. Dip buyers and pile back into some of the cyclical areas of the stock market that came under the most pressure last week, signalling those traders believed the Fed inspired sell off was “overdone”. Dow Jones up 586 (1.76%) NASDAQ up...
Overnight on Wall Street: 15 June 2021
Equity Markets US equity markets had another mixed fairly calm session as investors await more key economic data due tonight, which will offer looks at both the strength of the consumer and extent of price increases across the supply chain. Dow Jones down 85.85 (-0.25%) NASDAQ up 104.72 (0.74%) S&P 500 up 7.71 (0.18%) Russell 200...
Overnight on Wall Street: 9 June 2021
Equity Markets US equity markets had a volatile session last night, selling off on news of massive tech outages which raised fears of a coordinated cyber-attack, only to bounce back to end the session near the flat line. Dow Jones down 30 (-0.09%) NASDAQ up 43 (0.31%) S&P 500 up 0.74 (0.02%) Russell 2000 up 24.5 (1.06%) US mar...
Overnight on Wall Street: 8 June 2021
Equity Markets US equity markets ended mixed on Monday, with the upcoming CPI figure this week investors weighed the prospects of higher inflation and rates against Friday's below expectation but still solid print on U.S. employment. Dow Jones down 126 (-0.36%) NASDAQ up 20 (0.49%) S&P 500 down 6 (-0.06%) Russell 2000 up 32 (1.43...
Overnight on Wall Street: 3 June 2021
Equity Markets US equity indices were modestly higher overnight, fading from early session gains as traders awaited fresh catalysts in economic data. Dow Jones up 25 (0.07%) NASDAQ up 20 (0.14%) S&P 500 up 6 (0.14%) Russell 2000 up 3 (0.13%) As the battle between economic optimism and worries of inflation continued to play out...
Overnight on Wall Street: Wednesday 26 May 2021
Equity Markets US equity markets struggled to find direction overnight. Stocks edged higher early in the session, but ultimately closed modestly lower in a choppy session. Dow Jones down 81 (-0.24%) NASDAQ down 4 (-0.03%) S&P 500 down 9 (-0.21%) Russell 2000 down 21 (-0.97%) Softer economic data weighed on U.S. equities as sig...
Overnight on Wall Street: Thursday 20 May 2021
Equity Markets US equity markets logged a third straight day of losses as inflation concerns remained at the centre of investors' focus. Stocks did finish well off the lows though with a tech rebound in stocks such as Facebook (FB) bringing the NASDAQ to within a whisker of the breakeven line. Dow Jones down 164 (-0.48%) NASDAQ down 4 (-0....
Overnight on Wall Street: Wednesday 19 May 2021
Equity Markets US equity markets declined for a second straight day in a volatile session with stocks giving up earlier gains to a steep drop into the close. Dow Jones down 267 (0.78%) NASDAQ down 75 (0.56%) S&P 500 down 35 (0.85%) Russell 2000 down 16 (0.73%) The tech-heavy Nasdaq rose for much of the session until poor showi...
Overnight on Wall Street: Tuesday 18 May 2021
Equity Markets US equity markets started the week with a modest loss as three of the four major indexes declined. Dow Jones down 54 (0.20%) NASDAQ down 51 (0.38%) S&P 500 down 10.5 (0.25%) Russell 2000 up 2.5 (0.11%) Tech stocks continued their weakness, with Apple (AAPL) and Netflix (NFLX) each down 0.9%. Microsoft (MSFT) dro...
Overnight on Wall Street: Thursday 13 May 2021
Equity Markets The Dow Jones suffered its worst day since January and worst three-day streak in 7 months. Dow Jones down 681 (1.99%) NASDAQ down 357 (2.67%) S&P 500 down 89 (2.14%) Russell 2000 down 72 (3.26%) High growth and tech stocks with inflated PE figures were hard hit as investors questioned their valuations on the bac...
Overnight on Wall Street: Tuesday 11 May 2021
Equity Markets US markets sold off last night with Tech and growth stocks particularly hard hit. The Nasdaq posted its worst day since March. Tech stocks came under heavy selling pressure as traders rotated away from growth stocks into value stocks on expectations inflation will rise in line with the global economic recovery. Dow Jones down 3...
Overnight on Wall Street: Thursday 6 May 2021
Equity Markets Overnight on Wall St, we saw a mixed performance with the Dow Jones hitting record highs while the NASDAQ fell for its fourth straight day of losses – its longest losing streak since October’s investors weighed concerns over inflation and higher rates that might drag on growth stocks. Dow Jones up 97 (0.3%) ...
Overnight on Wall Street: Wednesday 28 April 2021
Equity Markets Wall St had another mixed and muted session as investors weighed up a slew of corporate earnings against the upcoming Federal Reserve policy meeting and the renewed rise in Treasury yields. Dow Jones up 3 (0.01%) NASDAQ down 48 (0.34%) S&P 500 down 1 (0.02%) Russell 2000 up 3 (0.14%) Microsoft (MSFT) reported re...
Overnight on Wall Street: Tuesday 27 April 2021
Equity Markets US Equity markets were mixed overnight on a muted session ahead of the upcoming two day FOMC policy meeting that kicks off today. The Dow Jones finished slightly down with modest gains keeping the NASDAQ and S&P 500 near all time highs as traders await any indication from the Fed as to future rate moves or adjustments in gu...
