The Skeptical Speculator

Skeptical Speculator Blogspot. News and views on economic and financial matters..

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Skepticalspeculator.blogspot.com news digest

  • 2 years

    US stocks fall, producer prices jump

    Markets were mostly lower on Tuesday, with the S&P 500 falling 0.4 percent to end an 8-day winning streak.
    A report on Tuesday showed that US producer prices rose 0.6 percent in October. Wholesale prices jumped 8.6 percent in October from a year ago, the highest annual pace in records going back nearly 11 years....

  • 2 years

    S&P 500 hits record high, “risks showing signs of improvement”

    Markets were mixed on Monday.
    The S&P 500 rose 0.1 percent to a record high while the STOXX Europe 600 was little-changed.
    In Asia, the Shanghai Composite rose 0.2 percent but the Nikkei 225 fell 0.4 percent.

  • 2 years

    S&P 500 at record high, could go higher still

    The S&P 500 rose 2 percent last week, ending at a record high of 4,697.53 after a run of seven consecutive positive sessions.
    Some analysts think that stocks could soar to new heights in the week ahead.
    “The important drivers of the market, I think, remain intact — earnings and interest rates,” said Leo Grohowski, chief investment officer at BNY Mellon Wealth Management....

  • 2 years

    US stocks rise, job gains better than expected

    Markets were mixed on Friday.
    The S&P 500 rose 0.4 percent, its seventh consecutive day of gains, but the STOXX Europe 600 was little-changed and the Nikkei 225 fell 0.6 percent.
    A report on Friday showed that the US economy added 531,000 jobs in October....

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