Stock Market

Stocks traded modestly higher to close the week, supported by comments from Federal Reserve Chairman Jerome Powell following a disappointing August jobs report. Source: Shutterstock Before the open of U.S. markets Friday, the Labor Department said the U.S. economy had added 130,000 new jobs last month, well shy of economists’ average forecast of around 160,000
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Headline risk has been confounding global equity markets over the past several months, but there was some relief on that front Wednesday. Stocks rallied, buoyed by some geopolitical relief. Source: Pavel Ignatov / Shutterstock.com In Hong Kong, leader Carrie Lam withdrew the controversial extradition plan that served as the tipping point of pro-democracy protests that
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The tug-of-war continues. The bulls won Wednesday’s contest, sending the S&P 500 higher. The action marks the seventh straight trading day stocks have logged a reversal of the prior day’s action though, and the market remains squarely between major support and resistance levels. Source: Shutterstock Advanced Micro Devices (NASDAQ:AMD) carried more than its fair share
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The trade war this weekend has heated up again. We also discuss the stock market from a monthly chart view. Labor Day Discount Sale! Titanium Level 50% Off Annual Memberships – 12 Spots Remaining Full Access| Trade Alerts Included Use Discount Code T50 Silver Level 30% Off Annual Memberships – 9 Spots Remaining | Includes TrendSpider or TradingSim Use Discount
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Fridays leading into holiday weekends, particularly the Friday prior to Labor Day, usually don’t generate much excitement on Wall Street and if there is, it’s usually a bad sign. So with that in mind, today’s results were nothing to be concerned about. Source: ymgerman / Shutterstock.com In fact, the results for this Friday, the last
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