"We do still have a lot of variables such as the Delta variant ... but they are not hitting the tape yet."
16/08/2021
U.S. stocks have managed to slowly grind to new highs over the past few sessions as investor confidence in economic recovery was bolstered by a strong earnings season, the passage of a large infrastructure bill and data showing inflation may be increasing at a slower pace than feared.
15/08/2021
In the wake of new data from earlier this week that showed consumer price increases slowed in July, while producer prices posted their biggest annual rise in more than a decade, investors are now looking ahead to the meeting of central bankers in Jackson Hole, Wyoming, later this month for cues on policy.
15/08/2021
The Dow Jones Industrial Average (.DJI) rose 7.4 points, or 0.02%, to 35,507.25, the S&P 500 (.SPX) gained 3.76 points, or 0.08%, to 4,464.59 and the Nasdaq Composite (.IXIC) dropped 1.10 points, or 0.01%, to 14,815.16.
14/08/2021
The report sent the yield on the 10-year U.S. Treasury note lower and in turn helped lift mega-cap growth names, such as Microsoft Corp (MSFT.O), up 0.72% while online retail giant Amazon (AMZN.O) slipped 0.51%.