Today, Bed Bath & Beyond (BBBY), a once powerful retail chain in the US that has been plagued by serious financial problems in recent years, is carrying out a wild rally that exceeds 40%. The answer, it seems, lies with WallStreetBets, the micro-investors who tune into Reddit in search of heavily shorted stocks. “We believe […]
Tag: Wall Street
Strong start to the week on Wall Street
Wall Street indices returned to bullish territory after the short break caused by data on the impressive resilience of the labor market, rekindling fears of further aggressive moves by the Fed. In particular, the Dow Jones industrial index is moving upwards 0.84% or 276 units at 33,080 unitsthe broader S&P 500 gains by 0.95% at […]
Wall Street is losing momentum
LAST UPDATE 19:40 They erased significant gains from the opening and now Wall Street indices are struggling for the mark, with the hesitancy caused by data on the impressive resilience of the labor market still present, reviving fears of further aggressive moves by the Fed. In particular, the Dow Jones Industrial Average is now moving […]
Wall off intraday lows – Third straight week of gains for S&P 500 and Nasdaq
Wall Street’s main indexes closed off the day’s lows after a numb start to the session on fears of a more resilient-than-expected U.S. labor market, as data released today dashed investors’ hopes that the Fed would adopt a more dovish approach. soft approach to policy tightening. In particular, the industrial index Dow Jones erased intra-session […]
The impressive job market… scares Wall
The resilience beyond expectations shown by the US labor market appears to be causing … trepidation on Wall Street as hopes that the Fed will take a more dovish approach to policy tightening fade, with indices all trading lower in the latest session of the week. In particular, the industrial index Dow Jones moves at […]
Wall closed with mixed signs, waiting for the ‘use’ of the labor market
U.S. stock market indexes were mixed on Thursday, with investors taking a breather after another strong session on Wednesday while awaiting the crucial jobs report on Friday. In particular the industrial index Dow Jones moved with losses of 85.68 points or 0.26% to 32,726.82 points, the broadest S&P 500 fell 3.74 points or 0.09% to […]
Hold on Wall Street with an eye on the macro
U.S. stock indexes were flat today, with investors taking an hourly breather after another strong session yesterday while awaiting the crucial labor market report tomorrow. In particular the industrial index Dow Jones moves with marginal losses 0.06% at 32,793 unitsthe enlarged S&P 500 shows a imperceptible rise 0.04% at 4,156 unitswhile the technologically weighted Nasdaq […]
Strong gains on tech-driven Wall Street
Wall Street indexes posted strong gains in Wednesday’s session, erasing some of the previous two-day losses, led by the technology sector. Investors’ buying mood was fueled mainly by the positive messages from the corporate results front and the encouraging data for the US economy announced earlier. US indices moved sharply higher from the very beginning […]
Business rebounds on Wall Street from two-day slump
Wall Street’s indexes edged higher on Wednesday, attempting to break out of the downward trajectory they’ve been on so far in August, with investors focusing on corporate results, always keeping an eye on the Federal Reserve’s plans to raise interest rates further in a attempt to “suppress” galloping inflation. Specifically, on the board, the Dow […]
Backlash on tech-fueled Wall Street intensifies
LAST UPDATE: 18:52 The backlash on Wall Street is intensifying, with U.S. stock indexes reversing course after losses in the first two sessions of August as investors focus on corporate results, keeping an eye on the Federal Reserve’s plans for further rate hikes . More specifically, on the board, the Dow Jones industrial index adds […]
