Pre-Market Report Thursday

US markets extended gains for a fourth straight session following more economic data pointing to moderation, cementing bets the Fed is approaching the end of its rate hikes. Dow up 38 points (+0.11%). Dow at best up 173 points. Dow at worst down 41 points. S&P 500 breached 4,500, up 0.54% led by tech mega-caps,…

Read more

Pre-Market Report Tuesday

US markets kicked off the final week of August in the green ahead of key economic data, ending just off best levels. The Dow rose 213 points (+0.62%). Dow at best up 306 points. S&P 500 up 0.63%, and the NASDAQ rose 0.84% despite Powell’s comments over the weekend the central bank may need to…

Read more

Pre-Market Report Monday

US markets finished higher on Friday as the market weighed remarks from Fed Chair Powell at the Jackson Hole Summit. Dow Jones rose 247 points (+0.73%). Up 342 points at best. Down 70 points at worst. While the S&P 500 and Nasdaq added 0.67% and 0.94%, respectively. The narrative from the Fed didn’t change after…

Read more

Pre-Market Report Friday

All major US indexes closed sharply in the red overnight, ending near worst levels, losing more than 1% each as profit-taking weighed on shares. Dow Jones down 374 points (-1.08%). Dow at best up 222 points. Dow at worst down 379 points. S&P 500 finished below the 4400 level, down 1.35%, and the NASDAQ lost…

Read more