by rogerscott | Mar 2, 2023 | Daily Videos
The major indexes are mixed as investors consider the latest jobless claims data and await the Federal Reserve’s next move in its fight against inflation. Initial jobless claims came in at 190,000 versus 196,000 expected, indicating there’s still strength in the...
by rogerscott | Mar 1, 2023 | Daily Videos
The market slipped to start March as investors struggle to regain their footing as Tuesday marked an end to a losing month for the major indexes. The Dow closed down more than 4% for the month while the S&P 500 and Nasdaq lost about 2.6% and 1.1%, respectively....
by rogerscott | Feb 28, 2023 | Daily Videos
The market stumbled to start the last trading day of February as retail stocks begin to report. Target Corp. (NYSE: TGT) beat on both earnings and revenue estimates, but warned of a slowdown ahead and announced full-year, earnings-per-share guidance that came in...
by rogerscott | Feb 27, 2023 | Daily Videos
The major indexes rose Monday morning as the market tried to recover from its worst week of 2023. It’s also a big week for earnings, even though just 6% of the S&P 500 reports. Reports from major retailers, restaurants, food companies, and travel and...
by rogerscott | Feb 24, 2023 | Daily Videos
The stock market stumbled Friday morning following the release of another hot inflation report. While Thursday’s gross domestic product data came in at a solid 2.7%, within the expected range, personal consumption expenditures rattled investors. The PCE price index...
by rogerscott | Feb 23, 2023 | Daily Videos
Stocks rose Thursday morning, trying to snap a four-day losing streak. The Nasdaq got a boost from tech stock Nvidia, which beat both earnings and revenue estimates, sending shares up more than 8%. Investors are weighing the release of the Federal Reserve’s most...