Avidus | Research

Kevin Hurley

Marketbites: S&P Notches Best Week Since March

Stocks fell Friday as GOP negotiators halted ongoing debt ceiling negotiations, stoking doubt of a deal being reached soon. However, the S&P

Kevin Hurley

Marketbites: Walmart Shows Strength

The S&P 500 and Nasdaq Composite advanced on Thursday as Wall Street traders kept focus on debt ceiling negotiations. House Speaker Kevin Mc

Kevin Hurley

Marketbites: U.S. Debt Negotiations Move Forward

Stocks rose Wednesday as investors hoped congressional leaders and President Joe Biden could come to a deal on the U.S. debt ceiling and avo

Kevin Hurley

Marketbites: Home Depot Provides Lackluster Forecast

Stocks dipped Tuesday following a lackluster forecast from Home Depot. Wall Street also turned its attention to a meeting between congressio

Kevin Hurley

Marketbites: Traders Assess Ongoing Debt Negotiations

The S&P 500 rose slightly to start the week Monday as traders assessed ongoing debt ceiling negotiations. Debt ceiling negotiations were pos

Kevin Hurley

Marketbites: U.S. Debt Concerns Weigh on Markets

The S&P 500 fell Friday as concerns around the U.S. economy dampened investor sentiment. The S&P 500 and Dow fell for a second consecutive w

Kevin Hurley

Marketbites: Disney Disappoints

The Dow Jones average and S&P 500 fell Thursday as Disney shares were under pressure and concerns around regional banks persisted. Disney sh

Kevin Hurley

Marketbites: Tame Inflation Report

The Nasdaq Composite closed higher Wednesday as investors fled to tech stocks after a tamer-than-expected inflation report. April consumer p

Kevin Hurley

Marketbites: U.S. Construction Remains Healthy

Stocks closed lower Tuesday as investors readied for key inflation reports due later in the week and progress on the U.S. debt limit. Meanwh

Kevin Hurley

Marketbites: Markets Stay Flat to Start Week

The S&P 500 closed near the flat line on Monday as investors looked ahead to pivotal inflation readings, including April’s consumer price in