US: S&P 500 Index +0.9%, Dow +0.1%, Nasdaq +2.1% Europe: STOXX Europe 600 -0.3%, German DAX -0.3% France CAC 40 -0.5%, U.K. FTSE 100 -0.8% Asia: Japan Nikkei 1.2%, China Shanghai Composite -0.2%, Korea KOSPI 1.3% Rates/Commodities: 10-Year Treasury yield +4 basis points to 2.86%, WTI crude … Continue reading
The post Weekly Update 8/31/2018 –Trade Returns to the Spotlight appeared first on LPL Financial Research.
The incredible summer rally continues, as the S&P 500 Index is only two days away from possibly notching a fifth consecutive monthly gain. Not to be outdone, the usually tricky month of August is looking to potentially post one of … Continue reading
The post The Surprise Bull Move Continues appeared first on LPL Financial Research.
Daily Insights LPL Research on CNBC. In case you missed it, LPL Research Chief Investment Strategist John Lynch was on CNBC’s Squawk Box this morning, talking about the health of the U.S. economy. View the interview here. More fresh records. … Continue reading
The post Market Update: Thursday, August 30, 2018 appeared first on LPL Financial Research.
It has been an outstanding earnings season by many measures. Second quarter numbers were strong, even without the boost from the new tax law. With just a small handful of companies left to report, S&P 500 Index earnings are up … Continue reading
The post Key Takeaways From An Excellent Earnings Season appeared first on LPL Financial Research.
Daily Insights GDP revision reinforces solid second-quarter growth. Gross domestic product (GDP) growth was revised up to 4.2% today (from 4.1%), despite consensus expectations for a downward revision to 4.0%. The contribution to output from business spending was 0.15% higher … Continue reading
The post Market Update: Wednesday, August 29, 2018 appeared first on LPL Financial Research.
In May and June, speculative traders of Treasury futures were taking large short positions, believing that rates would move higher and the short positions would reap a profit. Since then, that net short position has increased by almost 50%, building … Continue reading
The post Massive Net Short Position in Treasury Futures Market Could Lead to Declining Rates appeared first on LPL Financial Research.
Daily Insights New Market Signals podcast. In this week’s episode of the client-approved Market Signals podcast, Chief Investment Strategist John Lynch and Senior Market Strategist Ryan Detrick talk second-quarter earnings season, implications of the S&P 500 Index’s new record high, … Continue reading
The post Market Update: Tuesday, August 28, 2018 appeared first on LPL Financial Research.