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Bob Iaccino breaks down the latest market moves as U.S. equities hit new all-time highs for the fourth straight session. He analyzes weaker ADP private payroll data, falling Treasury yields, and a dropping U.S. dollar, highlighting their immediate impact on gold, silver, and copper prices. Additionally, Iaccino preview
The Nasdaq 100 officially slipped into correction territory on Tuesday, falling more than 10% from its early June record high as the AI-driven sell-off deepened on mounting concerns over rising competition from China. The memory sector has been at the heart of July’s rout. SanDisk Corp. (NASDAQ: SNDK ) — the S&P 500’s
The U.S. labor market cooled in June with employers adding 57,000 jobs, falling short of the 110,000 economists had expected and sharply decelerating from May’s reading of 129,000. The unemployment rate edged down to 4.2%, below the 4.3% consensus. Average hourly earnings rose 0.3% on the month, matching the 0.3% expec