The stock market closed lower on Thursday as another spike in Treasury yields and a weaker-than-expected jobs report weighed on sentiment. Specifically, the 10-year Treasury yield rose to a 14-month peak of 1.74% while initial jobless claims jumped to 770,000 versus forecasts for a print of 700,000. Despite the disappointment and higher yields, the....

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The stock market shrugged off a weak first half of trading to close higher on Thursday and snap a two-session losing streak. Better-than-expected news on jobless claims provided some relief as unemployment benefits dropped to a one-year low.This was a positive sign that the U.S. economy is on the verge of stronger growth as the....

Keep an eye on Electronic Arts (EA).  The stock has become exceptionally oversold after pulling back from $150 to $127.50.  From here, we’d like to see it challenge its prior highs, especially with the video game market expected to grow even more this year. Video game spending in the U.S. totaled $56.9 billion for....

The stock market traded in a tight range on Tuesday before selling pressure returned in the final hour to give the victory to the bears. Rising coronavirus cases overseas prompted an extended lockdown in Germany while commentary from Fed Chair Powell and Treasury Secretary Yellen weighed on sentiment. Powell and Yellen both stated more....

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The stock market traded in a tight range on Tuesday before selling pressure returned in the final hour to give the victory to the bears. Rising coronavirus cases overseas prompted an extended lockdown in Germany while commentary from Fed Chair Powell and Treasury Secretary Yellen weighed on sentiment. Powell and Yellen both stated more....

Keep an eye on Electronic Arts (EA).  The stock has become exceptionally oversold after pulling back from $150 to $127.50.  From here, we’d like to see it challenge its prior highs, especially with the video game market expected to grow even more this year. Video game spending in the U.S. totaled $56.9 billion for....

The stock market showed overall strength on Monday with the small-caps slacking as Treasury yields pulled back. Specifically, the benchmark 10-year yield fell back below 1.7% after rising above this level last week.Industrial stocks rallied following a report President Biden is looking at a $3 trillion infrastructure deal to boost the economy, well above....

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