US stocks fell Wednesday as two economic prints showed a slowdown in the US economy in February, while fresh turmoil at Credit Suisse renewed investor concerns over the banking sector. The S&P 500 dropped 0.7%, while the Dow Jones Industrial Average lost 0.9%. Contracts with the technology-heavy Nasdaq Composite pared earlier losses and ended just […]
US stocks finished Monday mixed as volatile trading gripped Wall Street after federal banking regulators took aggressive actions to stem the fallout of Silicon Valley Bank’s failure. First Republic Bank led a decline in bank shares Monday that came even after regulators’ extraordinary actions Sunday evening to backstop all depositors in failed Silicon Valley Bank and Signature Bank and offer additional […]
Market Overview – March 1/23 US stocks finished mostly lower Wednesday to start March as key manufacturing data offered mixed results and two Federal Reserve officials suggested a more aggressive rate-hiking campaign in the coming months. The S&P 500 declined by 0.5%, while the Dow Jones Industrial Average was flat. Contracts on the technology-heavy Nasdaq Composite […]
The search for more and more materials for manufacturing lithium-ion batteries is reaching a critical point, so it may be no surprise that re-claiming and re-using materials from expended, existing batteries is an area of emerging technology that is heating up rapidly. There are several developments around the globe that aim to perfect reclamation technologies […]
Note: The Trend Letter’s Martin Straith was interviewed on This Week In Money. To listen to the interview CLICK HERE. Martin’s interview starts at 41:50. US debt to rise to~$51.5 trillion in 10 years! There is a lot of noise in the US over the $31.4 trillion debt ceiling and how it may impact the […]
Our previous Blog article introduced you to ChatGPT, the AI tool that has created a huge buzz. Now that it has been tried by many folks, including the TREND TEAM, we can now share our impressions and further thoughts. The first step is to get on the system to try it out. The instructions at […]
US stocks rallied on Friday, after slipping earlier at the open, as investors weigh in on fresh economic data including consumer spending data, a closely watched measure by the Federal Reserve. The S&P 500 added 0.2%, while the Dow Jones Industrial Average ticked up 0.08%. The technology-heavy Nasdaq Composite was up roughly 1%, closing out […]
Stocks rallied on Friday to finish the week strong after briefly losing the momentum of the January rally. The Dow Jones Industrial Average added 330.93 points, or 1%, to close at 33,375.49, while the S&P 500 advanced 1.89% to 3,972.61. Both indexes snapped a three-day losing streak. Meanwhile, the Nasdaq Composite rose 2.66%, with help […]
Recent news headlines and stories have brought an amazing Artificial Intelligence (AI) app much closer to mainstream than AI has ever been before. ChatGPT was created by OpenAI, a San Francisco based AI development company. OpenAI Inc. is the non-profit parent company of the for-profit OpenAI LP. ChatGPT is still being offered as a free-to-try […]
Global stocks are on pace for their worst drop since the 2008 financial crisis. Pessimism around the outlook for financial markets and the economy amid a backdrop of rising interest rates and fears a recession is underway have thrown a wrench in prospects for the seasonal year-end Santa Claus rally markets stocks typically experience at […]