Nasdaq 100 Weighed Down by Tax Hike Fears as Biden Unveils Relief Plan

The tech-heavy Nasdaq 100 index may continue to slide lower in the near term, weighed down by the notable climb in bond yields and the possible increase in taxation under a Biden administration.

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Crude Oil Prices May Turn Lower as Market Risk Appetite Sours

Crude oil prices managed to shrug off soggy risk appetite yesterday but may yet succumb to selling pressure. Technical positioning bolsters the case for a downturn.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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Dow Jones Futures Rise with ASX 200, Nikkei 225 on Biden’s Stimulus Plan

US futures are drifting higher at Asia-Pacific trading open in anticipation of Biden’s 1.9 trillion Covid-relief package. Reflation hopes sent the Nikkei 225 and ASX 200 indexes mildly higher.

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Russell 2000 Gains, S&P 500 Wobbles Following President-elect Biden’s Stimulus Details

The Russell 2000 rose as the S&P 500 wobbled following President-elect Biden’s stimulus plan that outlines $1.9 trillion in funding to combat the ongoing Covid-19 pandemic.

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