Monthly Archives: February 2023
US Treasury yields pointed to higher interest rates, Nasdaq closed lower
Written on February 13, 2023 at 2:48 am, by anakin
The Dow Jones Industrial Average closed 0.5% higher at 33,869.4; the S&P 500 rose 0.22% to 4,090.48; the Nasdaq fell 0.61% to 11,718.12. The NASDAQ on Friday closed lower as mega-cap growth stocks came under pressure after US Treasury yields pointed to higher interest rates and shares of ride-hailing firm Lyft plummeted 36 percent toContinue Reading
US Treasury yields pointed to higher interest rates, Nasdaq closed lower
Written on February 13, 2023 at 2:44 am, by anakin
The Dow Jones Industrial Average closed 0.5% higher at 33,869.4; the S&P 500 rose 0.22% to 4,090.48; the Nasdaq fell 0.61% to 11,718.12. The NASDAQ on Friday closed lower as mega-cap growth stocks came under pressure after US Treasury yields pointed to higher interest rates and shares of ride-hailing firm Lyft plummeted 36 percent toContinue Reading
Week ahead: All eyes on US and UK Consumer Price Index releases
Written on February 13, 2023 at 2:33 am, by anakin
This week, investors and economists will be closely monitoring the latest Consumer Price Index (CPI) data releases from the US and the UK. The CPI is an important economic indicator that measures the changes in the prices of goods and services that households purchase. As it provides insight into the overall inflation trend, the dataContinue Reading
US stocks fell as investors awaited next week’s inflation report
Written on February 10, 2023 at 2:49 am, by anakin
US stocks declined lower on Thursday, failing to find many reasons to climb higher and extending its previous slide amid higher bond yields, hawkish Fedspeak, and a surge in equity bullishness. The fresh fears surrounding the economic slowdown ahead of the key US data lend support to the greenback’s gauge versus the six major currencies and weighedContinue Reading
US stocks fell as investors awaited next week’s inflation report
Written on February 10, 2023 at 2:46 am, by anakin
US stocks declined lower on Thursday, failing to find many reasons to climb higher and extending its previous slide amid higher bond yields, hawkish Fedspeak, and a surge in equity bullishness. The fresh fears surrounding the economic slowdown ahead of the key US data lend support to the greenback’s gauge versus the six major currencies and weighedContinue Reading
Weekly Dividend Adjustment Notice – February 09, 2023
Written on February 9, 2023 at 8:58 am, by anakin
Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading
Weekly Dividend Adjustment Notice – February 09, 2023
Written on February 9, 2023 at 8:55 am, by anakin
Dear Client, Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date. Indices dividends will not be paid/charged as an inclusion alongContinue Reading
Fed: Interest rates need to keep higher
Written on February 9, 2023 at 2:52 am, by anakin
US stocks declined sharply on Wednesday, suffering heavy daily losses, and were dragged lower by a selloff in tech stocks as Federal Reserve speakers reinforced the idea that interest rates will need to keep climbing to quash inflation. Fed Governor Christopher Waller teased a long fight with a 2.0% inflation target by citing expectations of tighter monetaryContinue Reading
Fed: Interest rates need to keep higher
Written on February 9, 2023 at 2:50 am, by anakin
US stocks declined sharply on Wednesday, suffering heavy daily losses, and were dragged lower by a selloff in tech stocks as Federal Reserve speakers reinforced the idea that interest rates will need to keep climbing to quash inflation. Fed Governor Christopher Waller teased a long fight with a 2.0% inflation target by citing expectations of tighter monetaryContinue Reading
Powell: Inflation is in the very early stages of easing
Written on February 8, 2023 at 3:07 am, by anakin
Federal Reserve Chairman Bill Powell said Tuesday that inflation is in the very early stages of easing, which may be a long process, the process may be bumpy, and must keep interest rates at restrictive levels for some time. In the job market, Bauer said that if the strong employment data continues, further interest rateContinue Reading
