Page 41 - Sp500 News Today

The Labor Department reported that claims for unemployment benefits increased 4,000 to 230,000 in the week ending December 3.

The uptrend may be expected to continue in case the market rises above resistance level 4101,75, which will be followed by reaching resistance level 4

Oil stocks took a hammering on Monday as oil fell off a cliff, and overall equity sentiment was weak to begin with. XLE closed down 3%, while XOP was

History suggests stocks bottom out during a recession, not before. So BofA analysts warn the S&P 500 could drop as low as 3,240 by April 2023.

We continue to analyze the situation on the SPX500 index from the point of view of Elliott theory. It is assumed that a large impulse trend is being f

The S&P index is consolidating under new 10-week high (4095) hit earlier today, in extension of Wednesday’s 3.3% rally, powered by comments from Fed C

Equities surged post-Powell speech on Wednesday as he finally hinted at a pause in rate hikes. He began his remarks quite hawkishly, saying rates were

S&P 500 recovered from China uncertainty, keeping right below 4,000 until Williams and Bullard reiterated sticky inflation and high rates views. Reite

Equities snoozed across the finish line on Tuesday with little catalyst. The Dow closed completely flat almost to the tick. The NASDAQ was lower by 0.

The S&P 500 rally is showing tentative signs of stalling. Analysts at Credit Suisse remain of the view strength from October has been a bear market ra