Wednesday was another tough day up and down Wall Street. Crude oil was up almost 4%. Treasury yields continued to rise. Oh, and equities ended up getting slapped around a bit. The S&P 500 gave back 0.48% for the regular session while the Nasdaq Composite surrendered 0.64%. Yes, yields still went the wrong way despite the fact that the U.S. Treasury Department announced âŚ
Read in context âşIndustrial Select Sector SPDR Fund (XLI)
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4 mentionsTwo Down, Two to Go Thatâs a Wrap! That was a long, tough day. All of that macroeconomic data did nothing to spark the marketplace. We had to wait until the closing bell to see some of the type of action we, as traders, crave. Equities closed slightly lower on Wednesday as traders awaited Nvidiaâs ($NVDA) results, among others. The S&P 500 ended almost flat at -0.02%, while âŚ
Read in context âşThatâs a Wrap, Gang. Sarge Out. Well, the bell has now rung at last. Nvidia ( NVDA ) reported on Wednesday night and despite easily beating expectations for both results and guidance, sold off fairly hard. The stock gave up 5.5% during the regular sessâŚ
Read in context âşMARKET RECON Thursday MARKET RECON: Fed Gets Dovish, Oracle Gets Haircut, What Could Possibly Go Wrong? ( XLB ) ( XLI ) ( XLC ) ( XLU ) ( ORCL ) #MarketRecon $SPX $COMPQ $RUT . Click here for the link: Fed Gets Dovish, Oracle Gets Haircut, WhâŚ
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