LEIBOVIT VR NEWSLETTERS – AKA VRTRADER.COM – THURSDAY JUNE 12, 2025 – ANY CHANCE THE FULL MOON ABOVE WAS A WARNING A TRADING TOP WAS IMMINENT? IT IS CALLED THE STRAWBERRY MOON!
https://www.howestreet.com/2025/06/markets-react-to-trump-vs-musk-feud-mark-leibovit/
NEXT PODCAST UPDATE WILL BE POSTED EITHER TONIGHT OR TOMORROW.
U.S. Stocks Give Back Ground After Early Move To The Upside
After moving to the upside early in the session, stocks gave back ground over the course of the trading day on Wednesday. The major averages pulled back well off their early highs and the session in negative territory.
The tech-heavy Nasdaq fell 99.11 points or 0.5 percent to 19,615.88, the S&P 500 dipped 16.57 points or 0.3 percent to 6,022.24 and the Dow edged down 1.10 points or less than a tenth of a percent to 42,865.77.
The downturn on Wall Street may have reflected profit taking after the early advance lifted the major averages to their best intraday levels in over three months.
The early strength in the markets came following the release of a closely watched Labor Department report showing U.S. consumer prices increased by slightly less than expected in the month of May.
The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
Meanwhile, the report […]
LEIBOVIT VR NEWSLETTERS AKA VRTRADER.COM – WEDNESDAY – JUNE 11, 2025
https://www.howestreet.com/2025/06/markets-react-to-trump-vs-musk-feud-mark-leibovit/
U.S. Stocks Climb On Trade Talk Optimism
U.S. stocks moved modestly to the upside on Tuesday as traders await the outcome of the ongoing trade talks between China and the U.S. in London.
Trade negotiations between the world’s two largest economies commenced on Monday – and while U.S. Commerce Secretary Howard Lutnick told reporters the talks are “going well,” there has been no breakthrough as of yet.
The Dow climbed 105.11 points or 0.25 percent to finish at 42,866.87, while the NASDAQ gained 123.75 points or 0.63 percent to close at 19,714.99 and the S&P 500 added 32.93 points or 0.55 percent to end at 6,038.81.
In economic news, the National Federation of Independent Business said the NFIB Small Business Optimism Index in the US increased to 98.8 in May 2025, the highest in three months, compared to 95.8 in April. The reading was expected to come in with a score of 95.9.
But a lack of major U.S. economic data probably kept traders on the sidelines as they look ahead to the release of crucial reports on consumer and producer price inflation in the coming days.
European […]
