MeritKapital News
US equities falter, bonds yield rise on feds hawkish resolve
US stocks weakened, and Bonds yield went northwards on the likelihood of a rapid lowering of the Feds debt holdings as part of an accelerated drive of monetary tightening to control high inflationary pressures. The S&P 500 was at 4,525.12, down 1.26%, Nasdaq 100, down 2.26% at 14,204.17 while Dow closed 0.80% lower at 34,641.18. The yield…
Read MoreUS equities stable, oil rises on likelihood of stronger sanctions on Russia
US stocks were stable while oil prices rose as investors gauged the expectation of harsher sanctions against Russia for the reported war crimes carried out in Ukraine. The S&P 500 was at 4,582.64, up 0.81%, Nasdaq 100, up 1.90% at 14,532.55 while Dow closed 0.30% higher at 34,921.88. Brent crude rose 1.2% to $108.87 per…
Read MoreUS equities flounder, oil rises on demand uncertainty from China
Oil prices rose, US Stocks declined as traders considered the latest happenings in the Ukraine conflict with the west pushing for harsher sanctions on Russia due to reports that its army killed helpless civilians. Although US stock prices closed positive on Friday with S & P 500 up 0.34% to 4,545.86, DOW at 34,818.27, up…
Read MoreUS equities rise, oil drops as us opens up crude supply
US stock futures went northwards as market participants continued to gauge the economic outlook at a time of dampening oil prices, Federal Reserve monetary tightening policy and ongoing war in Ukraine. Although US stock prices closed negative yesterday with S & P 500 down 1.57% to 4,530.41, DOW at 34,678.35, down 1.56% and NASDAQ 100…
Read MoreUS equities rise, oil drops as us considers release of crude
Stock prices rose, oil declined on information that the US government is considering releasing a huge supply of crude from its reserves to control inflationary pressures. Although US stock prices closed negative yesterday with S & P down 0.63% to 4,602.45, DOW at 35,228.81.19, down 0.19% and NASDAQ 100 down by 1.21% to 14,442, we…
Read MoreUS stocks fall, oil rises on dashed hopes of peace talks
US Equities dropped; oil prices went northwards as hopes of a resolution of the ongoing conflict in Ukraine disappeared. Although US stock prices closed positive yesterday with S & P up 1.23% to 4,631.60, DOW at 35,294.19, up 0.97% and NASDAQ 100 increased by 1.84% to 14,61964, we opened with Futures on the S&P 500…
Read MoreUS stocks rise; oil falls on Russia-Ukraine peace talks
US equities rose while oil prices dropped on the hopes of fresh diplomatic meetings between the warring nations that may yield some positive results. The S&P 500 rose 0.71% to 4,575.52, DOW went up 0.27% to 34,955.89 while NASDAQ 100 increased by 1.31% to 14,354.90. The yield on 10-year UST moderated to 2.49% from previous…
Read MoreUS stocks mixed; bonds yield’s continue to rise on inflation risk
US Treasuries yields rose further while equities saw mixed performance as inflation linked economic risks and FED’s tightening monetary stance continued to be a major concern for investors. The S&P 500 rose 0.51% to 4,543.06, DOW went up 0.44% to 34,861.24 while NASDAQ 100 fell 0.16% to 14,169.30. The yield on 10-year UST scaled above…
Read MoreOil falls, equities rise as investors gauge FED’s rate hikes & ukraine conflict
U.S. stock prices went northwards as market participants continued to appraise economic risks emanating from FED’s monetary-policy tightening posture in addition to the ongoing war in Ukraine. The S&P 500 rose 1.4% to 4,520.16, Nasdaq 100 went up 2.2% to 14,191.84 while DOW was up 1.02% to 34,707.94. Crude oil prices stabilized as US indicated…
Read MoreEquities slump, oil falls as hopes of EU’s non-dependence on Russian crude rises
U.S. stocks dropped over uncertainty regarding the ongoing war in Ukraine coupled with FED’s intention to fight rising inflation aggressively. The S&P 500 fell 1.2% to 4,456.24, Nasdaq 100 declined 1.4% to 13,922.60 while DOW dropped 1.29% to 34,358.50. Oil prices retracted based on news that the U.S. and EU are on the brink of…
Read More