- Featured CommentariesMarket Daily UpdatesStock Market Today: May 27, 2022David M. Reimer | 05/27/2022
Stock futures point to a slightly positive opening today. Important economic data was released early this morning. The Bureau of Economic Analysis reported that the Personal Consumption Expenditure Price Index, a key inflation measure monitored by the Federal Reserve, was 6.3% in April, versus one year ago. This was down modestly from the 6.6% rate of the previous month, but still very strong.
Market Daily UpdatesStock Market Today: May 26, 2022William G. Ferguson | 05/26/2022Investors have a lot to digest this morning, including another round of data on the U.S. economy and some notable corporate earnings reports. This comes on the heels of yesterday’s release of the minutes from the Federal Reserve’s latest monetary policy meeting, which sparked a late-session rally, and will likely impact trading again today, given Wall Street’s focus on inflation and the role the central bank will play in trying to rein in prices via a more-restrictive monetary policy course. The futures markets based on stock indexes are suggesting a higher start to the trading day stateside.
Market Daily UpdatesStock Market Today: May 25, 2022John E. Seibert III | 05/25/2022The market put in a mixed performance on Tuesday. Overall, the S&P 500 was down 32 points; the NASDAQ was off 271 points; and the Dow Jones Industrial Average increased 48 points. Looking to the day ahead, U.S. futures are pointing to a down start. We think most eyes will be on the inflationary data and the Federal Reserve’s upcoming FOMC announcement.
Market Daily UpdatesStock Market Today: May 24, 2022Mario Ferro | 05/24/2022Stocks moved sharply higher on Monday, as weeks of beaten down prices finally attracted some buyers. Yet, even with yesterday’s sizable gains, the Dow and S&P are still in correction territory (defined as a decline of more than 10% from a recent high) while the NASDAQ is officially in a bear market, having fallen more than 28% from its all-time high. Looking ahead to the new day, U.S. stock futures are suggesting the major indexes will start today’s session sharply to the downside.
Market Daily UpdatesStock Market Today: May 23, 2022Adam Rosner | 05/23/2022The U.S. stock market seems positioned to move higher at the opening bell this morning, as a new week on Wall Street begins. Traders will likely continue to focus on a number of familiar market themes (the economy, the corporate sector, inflationary pressures, interest rates, and political turmoil overseas).