Economic Data

To gain an edge, this is what you need to know today. Strong Economic Data Please click here for a chart of Global X Dow 30 Covered Call ETF (ARCA: DJIA) Note the following: The chart shows that DJIA has shown a winning streak for 13 consecutive days. DJIA is higher...

Stocks closed higher last week with the S&P 500 gaining 2.3%. The index is now up 15.9% year to date, up 24.4% from its October 12 closing low of 3,577.03, and down 7.2% from its January 3, 2022 record closing high of 4,796.56. Economic data has been trending favorably. Last week, we got...

Anndy Lian, the author of "NFT: From Zero to Hero," considers last week's jobs data report — which showed a remarkable increase in non-farm payrolls and a marginal uptick in the unemployment rate — to be a potential catalyst for cryptocurrency adoption. "Positive job...

Bank of America (NYSE: BAC) says the cryptocurrency market had a strong start in 2023. The token universe is up 42% year-to-date to $1.1 trillion. Also, 2023 is expected to be the year of token price divergence, with tokens that provide utility and a call on cash flows outperforming meme and...

U.S. stocks closed mixed on Friday with the Nasdaq Composite gaining more than 300 points amid gains in Apple Inc. (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ: MSFT) shares. Let’s have a look at the major economic events scheduled for today. The Chicago PMI for October is scheduled...

U.S. stocks closed mixed on Thursday with the Nasdaq Composite dropping around 180 points amid losses in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc. (NASDAQ: AAPL) shares. Let’s have a look at the major economic events scheduled for today. Data on personal income and outlays for...

U.S. stocks closed mostly lower on Wednesday with the Nasdaq Composite dropping more than 200 points amid gains in Microsoft Corporation (NASDAQ: MSFT) and Amazon.com, Inc. (NASDAQ: AMZN) shares. Let’s have a look at the major economic events scheduled for today. Data on durable goods...

U.S. stocks closed higher on Tuesday with the Nasdaq Composite jumping more than 200 points amid gains in Microsoft Corporation (NASDAQ: MSFT) and Apple Inc (NASDAQ: AAPL) shares. Let’s have a look at the major economic events scheduled for today. The MBA's index of mortgage...

U.S. stocks closed higher on Friday with the Nasdaq Composite jumping more than 200 points amid gains in Tesla, Inc. (NASDAQ: TSLA) and Apple Inc (NASDAQ: AAPL) shares. Let’s have a look at the major economic events scheduled for today. The Chicago Fed National Activity Index for September...

U.S. stocks closed lower on Thursday with the Nasdaq Composite dropping around 0.6% amid a decline in Tesla, Inc. (NASDAQ: TSLA) shares. Let’s have a look at the major economic events scheduled for today. Federal Reserve Bank of New York President John Williams is set to speak at 9:10 a.m....

U.S. stocks closed lower on Wednesday with the Nasdaq Composite dropping around 90 points amid a decline in Amazon.com, Inc. (NASDAQ: AMZN) shares. Let’s have a look at the major economic events scheduled for today. Data on initial jobless claims for the latest week will be released at 7:00...

U.S. stocks closed higher on Tuesday with the Nasdaq Composite gaining around 100 points amid a rise in Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) shares. Let’s have a look at the major economic events scheduled for today. The MBA's index of mortgage application...

U.S. stocks closed higher on Monday with the Nasdaq Composite gaining over 350 points amid a rise in Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) shares. Let’s have a look at the major economic events scheduled for today. Data on industrial production for September will be...

U.S. stocks closed lower on Friday with the Nasdaq Composite dropping over 300 points amid a decline in Apple Inc. (NASDAQ: AAPL) and Amazon.com, Inc. (NASDAQ: AMZN) shares. Let’s have a look at the major economic events scheduled for today. The Empire State manufacturing index for October...

U.S. stocks closed higher on Thursday with the Nasdaq Composite surging over 200 points amid a rise in Apple Inc. (NASDAQ: AAPL) shares. Let’s have a look at the major economic events scheduled for today. Data on retail sales for September will be released at 8:30 a.m. ET. Analysts expect...