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FactSet Evening Market Recap
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Content provided by Factset. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Factset or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.
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22 episodes
Mark all (un)played …
Manage series 2964054
Content provided by Factset. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Factset or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
StreetAccount U.S. Evening Market Recap is FactSet's daily podcast aiming to capture the most material market moving news. With a target time of ~5 minutes, this is an ideal listen for those looking to stay connected to the most important themes driving the U.S. economy & corporations.
…
continue reading
22 episodes
All episodes
×US equities finished lower in Thursday trading, ending not far from worst levels. The market has more than erased its big Wednesday bounce, seeing no help from the White House talking down tariffs. In macro news, initial jobless claims of 221K is down from last week's revised 242K and below consensus of 235K.…
US equities were higher in Wednesday trading as stocks ended a bit off best levels, with the Dow Jones, S&P500, and Nasdaq finishing up 115bps, 101bps, and 146bps respectively. Today’s bounce seemed to be a function of tariff relief for Canada and Mexico, better economic data, along with some positive sentiment surrounding developments overseas. ADP private payrolls missed, but ISM Services beat, and durable goods orders revised higher. Fed’s Beige Book said economic activity slightly higher since mid-January.…
US equities were lower in Tuesday trading, off best levels after failed afternoon bounce attempt. Very choppy day of trading with a number of moving pieces. Concerns about global trade war remain key overhang with new US tariffs going into effect today, while China, Canada announced retaliatory measures.…
US equities finished sharply lower in Monday trading, with the Dow Jones, S&P500, and Nasdaq closing down 175bps, 204bps, and 295bps respectively. Risk off day amid the latest bout of Trump 2.0 policy uncertainty, with trade the overhang as tariffs on Canada and Mexico go into effect tomorrow. Headline ISM manufacturing remained in expansion in February but a bit weaker than expected. Construction spending in January unexpectedly declined. Atlanta Fed's latest GDPNow update fell deeper into contraction territory at -2.8%. Nvidia extended its post-earnings selloff with some focus on concerns about harsher export restrictions.…
US equities were mostly lower for the week, with the S&P, Nasdaq, and Russell extending last week's slides. Trump 2.0 policy uncertainty remained a key focus, with Trump this week reiterating plans to impose 25% tariffs on Mexico and Canada next week and announcing a further 10% levy on Chinese goods. The January core PCE report was a bit of an anticlimax, coming in largely in line and consistent with expectations weighting differences would translate into a cooler read than was seen with CPI earlier this month.…
US equities were lower in Thursday trading as stocks ended near worst levels. Trade was the main area of focus today, as President Trump said Canada and Mexico tariffs are on track to go into effect on March 4th, when China will also be hit with an additional 10% tariff. Headline January durable goods orders topped forecasts, though ex-transport was flat against expectations for a monthly rise.…
US equities were mostly higher in Wednesday trading, though stocks off best levels with some blame going to the latest flurry of Trump tariff headlines. A fairly choppy day today with a number of moving pieces. In macro news, new home sales fell by a much worse than expected 10 point 5% in January, though December saw an upward revision.…
US equities were mostly lower in Tuesday trading though stocks ended off worst levels. Big overhang earlier in the day was the heightened scrutiny surrounding the soft/no-landing narrative following softer sentiment data. February consumer confidence index dropped sharply.
US equities were mostly lower in Monday trading as stocks ended the day just off worst levels. A bit of an up-and-down day today with the market unable to translate early strength into a bounce, but also saw limited downside despite some sharp selling pressure late last week. In macro news, Dallas Fed manufacturing missed consensus and saw rising cost pressures along with some negative commentary around immigration and trade worries.…
US equities were lower this week, as stocks ended the week below best levels after the S&P 500 hit fresh record closes this week. This week saw a rotation toward defensives and away from cyclicals and tech. Data this week included February flash Manufacturing PMI ahead of consensus, though flash Services missed and fell into contraction for the first time in just over two years, with the report flagging uncertainty over federal government policies.…
US equities were down in Thursday trading, but ended off worst levels. The market saw broad weakness today after a few uneventful sessions. In macro news, initial claims printed at 219 K, a bit ahead of consensus and slightly higher week over week.
US equities were mostly higher in Wednesday trading as stocks finished just off their best levels, with the Dow Jones, S&P500, and Nasdaq closing up 16bps, 24bps, and 7bps respectively. Trump indicated 25% tariffs on autos, chips and pharmaceuticals. January FOMC meeting minutes reiterated that Fed can afford to be patient to assess the economic outlook; however, some officials flagged inflation that remains somewhat elevated. January housing starts missed but December’s revised higher, while building permits beat. Today's $16B 20Y auction tailed.…
US equities finished higher in Tuesday trading. The focus remains firmly on Washington though nothing incremental on tariffs. GOP House and Senate leadership still at odds about how to advance legislative priorities. DOGE continues to dominate the headlines. Empire manufacturing for February beat with new orders moving higher.…
Major US equity indices were higher this week, recouping some of last week's modest losses. Treasuries were firmer with the yield curve steepening. Hotter CPI report was notable event of the week with shelter continuing to be sticky inflation point. Q4 earnings sentiment has remained fairly upbeat.
US equities finished higher in Thursday afternoon trading, near best levels, as stocks reversed a mostly lower Wednesday session, with the S&P 500 and Nasdaq now pacing for solid weekly gains. Stocks hit best levels after Trump’s announcement on reciprocal tariff plans. In macro news headline January PPI was above consensus, with higher food and energy, but core was right in line.…
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