Bill Poulos
Fed’s Harker, T-Mobile Layoffs Skewer Stocks
Stocks dipped this morning despite Nvidia's impressive earnings, which failed to elevate the overall market. Investors are keenly awaiting Federal Reserve Chairman Jerome Powell's...
All Eyes on Nvidia
Stocks jumped this morning, with Wall Street eagerly awaiting earnings results from Nvidia, the poster child of the market's recent artificial intelligence obsession. A...
US Bank “Carnage” Drags Down Market
Markets were under pressure today as Wall Street grappled with concerns over the global economy, especially China, and a decline in major U.S. banks....
Moody’s Just Killed the Bank Rally
Stocks slipped this morning in response to major downgrades from ratings agency Moody's. The decision to do so led to a 1% fall in...
Beware a “Yield Surge” on Thursday
Stocks made a positive start this week, with investors taking in new corporate earnings results and key inflation readings. The Dow gained 308 points...
Forget the Jobs Report, Watch AAPL and AMZN Earnings Instead
Stocks endured another slightly bearish session this morning, extending their downward trend that started with yesterday's plunge. Traders grappled with soaring yields and mulled...
Economic Data, Earnings Could Provide Great Trades This Week
Stocks saw a tepid final session in July as they remained mostly flat this morning, with investors getting ready for a jam-packed week of...
Bulls Shrug Off Stubborn Unemployment and Wage Growth Numbers
Equities rallied this morning after opening sharply lower. The weaker-than-projected June jobs report did little to alleviate worries about the Federal Reserve reinitiating rate...
Market Overlooks Core PCE “Stagflation” Reading
With Big Tech leading the way, Wall Street enjoyed a positive end to an impressive first half of the year today. The latest data...
Was the Q1 GDP Revision “Fake News?”
The Dow boomed today, led by big bank stocks after they successfully cleared the Federal Reserve's annual stress test. Adding to the surge in...