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Market Brief – Thursday 6/25/20

Stocks were down slightly in overnight trading and directionless in early trading as unemployment claims refuse to fall. Treasury yields fell in overnight trading and were holding their overnight drop in early trading. Initial jobless claims missed expectations by coming in at 1.480 million new claims, which brought the four-week average for jobless claims down … Read more

Market Brief – Tuesday 6/23/20

Stocks fell in overnight trading after Peter Navarro said the trade deal was dead. Stocks immediately rebounded when President Trump tweeted the trade deal was still intact, even though China has not honored any of its commitments. Stocks held their overnight trade-deal optimism despite weak preliminary manufacturing and services PMI reports from Australia, Japan, and … Read more