empty
12.10.2021 02:06 PM
Stocks close lower

This image is no longer relevant

Stocks closed lower on Monday as investors awaited new data on corporate profits given deepening concerns over persistent inflation and supply-related problems.

The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite indices fell, thus trimming early gains. US Treasury yields rose and the benchmark US 10-year Treasury yield hovered around 1.61%, the highest level since June.

Stock indices have been volatile over the past several weeks as investors were assessing the impact of continued price increases on the stock market amid slowing economic growth. Boosted demand and supply shortages have pushed up prices for commodities, from oil and natural gas to cotton, while labor shortages have created conditions for higher wages and higher costs for employers.

This image is no longer relevant

Over the past 60 years, the S&P 500 has generated an average quarterly return of 2.5%. However, during periods of stagflation or high inflation as well as weak growth, GDP fell by 2.1%.

This week, investors will receive the latest data from the Bureau of Labor Statistics on consumer and producer prices for September. The consumer price index, excluding the volatile food and energy components, is expected to remain strong. Likewise, the producer price index will continue to grow.

Thus, the stock market is expected to edge higher as investors hope that the current inflation rate is temporary.

Market participants are awaiting statistics on the third-quarter corporate profits, which will help them determine the impact of rising prices on the recovering economy. This week, the quarterly earnings reports are set to be provided by such major banks as JPMorganChase (JPM):

This image is no longer relevant

Bank of America Corp (BAC):

This image is no longer relevant

Morgan Stanley (MS):

This image is no longer relevant

and Goldman Sachs (GS).

This image is no longer relevant

After the volatile September and early October, investors are increasingly worried that the stock market could become less stable.

Nevertheless, some strategists argue that these fears are greatly exaggerated. They believe that the latest drop in stocks could even be useful for the markets.

Irina Yanina,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

Stock Market on May 13th: S&P 500 and NASDAQ

During the previous regular session, U.S. stock indices closed higher, but the situation changed dramatically afterward. The S&P 500 rose by 0.38%, the Nasdaq 100 gained 0.24%

Jakub Novak 12:17 2025-06-13 UTC+2

US Market: Israel strikes Iran's nuclear facilities. Market falls, oil and gold rise

S&P 500 Overview on 13.06 US Market: market declines following Israel's strikes on Iran Key US indices on Thursday: Dow +0.2%, Nasdaq +0.2%, S&P 500 +0.4%, S&P 500 at 6045

Jozef Kovach 11:59 2025-06-13 UTC+2

Stock market on June 12: SP500 and NASDAQ slightly drop

At the close of the last regular trading session, US stock indices ended lower. The S&P 500 fell by 0.27%, while the Nasdaq 100 dropped 0.50%. The Dow Jones Industrial

Jakub Novak 12:00 2025-06-12 UTC+2

Financial plateau or springboard? What is behind the market's pause in growth?

The US market is holding its ground but no longer advancing. It has reached its projected peak yet has not found fresh energy for the next leg up. The week

Anna Zotova 14:09 2025-06-11 UTC+2

Update on US stock market on June 11

S&P500 Snapshot of major US stock indexes on Tuesday: Dow +0.3%, NASDAQ +0.6%, S&P 500 +0.6%, S&P 500 at 6,038, range 5,400–6,200. The stock market rose on Tuesday, supported

Jozef Kovach 14:06 2025-06-11 UTC+2

Optimism wearing thin: market to sustain new impulse?

The US stock market continues to maintain its upward momentum, yet the atmosphere is increasingly charged with anticipation. Wednesday's inflation report and corporate earnings from key players are setting

Anna Zotova 12:12 2025-06-11 UTC+2

Stock Market on May 10th: S&P 500 and NASDAQ Resume Growth Amid Negotiation Results

At the close of the previous regular session, U.S. stock indices ended in positive territory. The S&P 500 rose by 0.55%, while the Nasdaq 100 jumped by 0.63%. The industrial

Jakub Novak 10:25 2025-06-11 UTC+2

US market rallies on jobs data

S&P 500 Overview for June 9 US market rallies on nonfarm payrolls data Major US indices on Friday: Dow +1%, NASDAQ +1.2%, S&P 500 +1%, S&P 500: 6,000, trading range

Jozef Kovach 13:51 2025-06-10 UTC+2

Stock Market Overview on May 9: S&P 500 and NASDAQ post sharp gains

US equity benchmarks ended the previous regular session with a pronounced surge. The S&P 500 gained 1.03%, while the Nasdaq 100 jumped 1.20%. The industrial Dow Jones added 1.05%. Asian

Jakub Novak 13:29 2025-06-10 UTC+2

Week before Fed's decision: how indices may react if inflation derails scenario

The US market is showing resilience and growing amid uncertainty. Optimism is fragile, and each new macroeconomic data release is like a roll of the dice. Further growth

Anna Zotova 13:21 2025-06-10 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.