First Pullback to 50-day Moving AverageOn Wall Street, even the strongest uptrends and bull markets eventually succumb to gravity and must pullback. Rather than chasing highs like most retail investors do, “smart”, big-money institutional investors often act as liquidity providers during market pul…
Goldman Sachs NYSE:GS strategists have projected another strong earnings season for US companies, with the AI investment boom and windfall energy profits potentially driving the next major test for the market. Analysts expect S&P 500 (SPY) earnings to rise 22% in the second quarter, a hurdle Goldma…
Shares of Crown Crafts, Inc. CRWS have gained 1.4% since the company reported results for the quarter ended March 29, 2026, outperforming the S&P 500 Index, which declined 0.4% over the same period. Over the past month, however, the stock slipped 1.4%, although it still fared better than the broade…
WASHINGTON (dpa-AFX) - After showing a strong move to the upside early in the session, stocks have seen considerable volatility over the course of the trading day on Monday. The major averages have shown wild swings but have largely maintained a positive bias.Currently, the major averages are in po…
Shares of Kewaunee Scientific Corporation KEQU have declined 3.4% since reporting results for the fourth quarter of fiscal 2026. This compares with the S&P 500 index’s 1.8% fall over the same time frame. Over the past month, the stock has lost 12.1% compared with the S&P 500’s 3.8% decline. Notably…
Wall Street bankers are on a high after record-setting offerings from SpaceX and Google parent Alphabet Inc., lifting expectations for deal activity in the rest of 2026.US IPOs and share sales totaled a record $251 billion through June 26 this year, excluding blank-check companies and other investm…
Bank of America NYSE:BAC technical strategist Paul Ciana is cautioning that U.S. equities could face a corrective phase in the third quarter. The bank's analysis suggests the powerful first-half rally may be losing momentum as stretched valuations and weakening indicators point to potential consoli…
CANBERA (dpa-AFX) - Sentiment in global markets remains tethered to the geopolitical situation in the Middle East amidst a fresh round of mutual attacks over the weekend. However, unconfirmed reports of an agreement to halt the hostilities supported sentiment.Wall Street Futures are trading in mild…
Billions sloshing around. That’s an ordinary Monday morning before the cash session kicks off.🌍 Headlines Drive the Mood🌏 Asia Sends Mixed Signals📅 Quarter-End Comes Into View
The S&P 500 pulled back in June, declining nearly 3% so far this month. According to Yardeni Research, this is largely a reflection of a market rotation away from AI-linked stocks rather than a broader selloff.“As we predicted, the S&P 500 had a June Swoon. We expected that it would be more of a br…
Royal Bank of Canada raised its 12-month target for the S&P 500 to 8,150 from 7,900. According to Odaily, the bank updated its forecast without providing additional details in the report.
DAILY GUIDANCE AND PRESS SCHEDULE FORMONDAY, JUNE 29, 2026MONDAY, JUNE 29, 2026In-Town PoolTV Corr & Crew: FOXSecondary TV Corr: HearstPhotos: AP, AFP, NYT, Reuters, GettyPrint: Bloomberg GovernmentSecondary Print: ReutersRadio: NPRNew Media: TownhallEDT:9:00 AM In-Town Pool Call Time8:00 AM THE PR…
U.S. stock futures edged higher in the overnight session on Sunday, following reports that the U.S. and Iran have agreed to pause the exchange of strikes that escalated over the weekend and plan to meet Tuesday in Qatar to resume talks.Fresh tensions broke out between the two nations after Tehran a…
Nearly 60% of S&P 500 stocks now carry a Buy rating from Wall Street analysts, the highest level on record, after the United States and Iran agreed to halt strikes and ease geopolitical tensions.The mix of record analyst optimism and cooling Middle East risk has reinforced bullish sentiment across…
The S&P 500 Index has come under pressure in the past few days, moving from the year-to-date high of $7,620 to the current $7,354. This retreat continued amid the rising jitters that the AI boom is ending. This article highlights some of the top catalysts for the index and its ETFs like VOO and SPY…
PA News reported that next week brings a "data tsunami" for markets, with the US June nonfarm payrolls report moved up to Thursday due to the July 4 Independence Day holiday compressing the trading week. The confluence of month-end, quarter-end, and half-year-end institutional rebalancing creates h…
A broad selloff in technology stocks has weighed even more heavily on crypto-focused companies, highlighting a growing divergence between digital asset equities and the broader US stock market.Shares of Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72%, respectively, from their all-time hig…
U.S. stock indices fell on Friday with the S&P 500 and Nasdaq ending the week lower as investors sold off megacap tech stocks and turned towards defensive sectors.The S&P 500 fell 0.1%, the Nasdaq 100 lost 1.1% and the Dow Jones fell 0.1% on Friday. The Russell 2000, which tracks stocks with small…
Total S&P 500 earnings are expected to increase by +23.7% in the June quarter from the same period last year, on +11.4% higher revenues.The chart below shows the Q2 earnings and revenue growth expectations in the context of where growth has been in the preceding four quarters and what is expected i…
Total S&P 500 earnings are expected to increase by +23.7% in the June quarter from the same period last year, on +11.4% higher revenues.The chart below shows the Q2 earnings and revenue growth expectations in the context of where growth has been in the preceding four quarters and what is expected i…