- Major U.S. stock indexes posted modest gains on Monday, helped by financial and industrial shares, while investors braced for a heavy week of corporate results and comments from Federal Reserve officials that could give more insight into the path of interest rates.
Markets are gauging the health of corporate profits and the economy after several banks kicked off first-quarter reports with strong results last week. Meanwhile, the New York Fed said on Monday its barometer of manufacturing activity in New York State increased for the first time in five months in April, helping solidify the case for the U.S. central bank to raise rates at its meeting next month.
"Markets are in a bit of a wait-and-see mode," said Angelo Kourkafas, an investment strategist at Edward Jones."We have a lot of corporate earnings ahead of us and the Fed rate decision in a couple of weeks."
All the large banks saw profits from the banking crisis. Now people get greedy and the real earnings are starting to roll out. We will see if the Recession starts to hit this first quarter or waits till later.
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I haveee never seenn anythingg betterr than this!!!
VIX itself is tricky as it changes rapidly.
The U.S. stock market continues to thrive with the DOW jumping 100 points and VIX falling to its lowest level since January 2022!
Never underestimate eod rally
Why is that breaking news?
Also watching these $NFLX levels for their report tomorrow👇🏽
For all the traders + investors Here’s the $TSLA levels to watch into Wednesday👇🏽
It doesn’t matter
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Source: Reuters - 🏆 2. / 97 Read more »