Buzz on Business

Inflation Data Looms, Stocks Mixed, But Bitcoin Shines

William Walsh
While they await, with bated breath, the inflation numbers due out tomorrow morning, stocks have lost some of the momentum we’d seen after the NVIDI...

Strong Earnings, Mixed Markets, and Busy Economic Week Ahead

William Walsh
The NVIDIA party that kicked off on Wednesday faded on Friday, although NVIDIA itself, still out on the dance floor as the lights came up, managed a g...

Market Meltdown or Monster Earnings? NVIDIA in the Spotlight after Inflation Scare

William Walsh
Still in shock from last week’s bad news on the inflation front, traders returned from the President’s Day holiday yesterday and quickly realized ...

Will Inflation Stay Cool? Key CPI Data Drops Today

William Walsh
On Friday, most of the indexes were up. The Dow Jones Industrial Average was down. On Monday, the Dow was up, and by a fair amount. But much of the re...

Will We See Rate Hikes Instead? Inflation Surprises, Stocks Recoil

William Walsh
If you thought that rate cuts were coming, maybe in March, but surely no later than May. If you thought that the stock market was just a series of ste...

Shake it Off? Market Is All To Well, But Will It Be Our Blank Space Soon?

William Walsh
The S&P finally closed above 5,000 for the first time ever on Friday. The tech-heavy NASDAQ Composite is within 210 points of a new all-time high. Sma...

Market Narrows Despite Jobs Boom: "Creepy, Menacing Music" Plays

William Walsh
More good news from the labor market and more good news on earnings propels the broad market higher, but decliners lead advancers yet again, the marke...

Green Numbers, Grumpy Mood: William Walsh Questions the Market Rally's Heart

William Walsh
A mile wide and an inch deep. That's what support for this market looks like—feels like—to us. The major indexes gapped up at the open on Wednesda...

Market Searching for Direction: But No News This Week

William Walsh
On Monday, stocks were down, not a whole lot, but it was a down day. Interestingly, the semiconductors were up. Yesterday, stocks were up, not a whole...

Market Jitters After Powell Speech, But Earnings Season Could Spark Rally

William Walsh
Like the rock star he is, Federal Reserve Chairman Jerome Powell went on 60 Minutes on Sunday night and put the kibosh on the possibility of a rate cu...

Facebook Moonshot & Labor Market Boom: Bullish Signs or Storm Clouds Ahead?

William Walsh
Another new record high for the Dow. Another new record high for the S&P 500. Another two-year high for the NASDAQ Composite. There was some really go...

Jobless Claims Up, Manufacturing Up: Will the Fed Cut Rates?

William Walsh
Three of the Magnificent Seven companies reported earnings after the bell on Thursday. Facebook parent Meta, Amazon, and Apple all exceeded expectatio...

Financial Animal

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