Equity Markets World equity markets staged a decent comeback last week after the shock of the US Federal Reserve’s hawkish pivot caused a sell off the week before. Last week saw multiple central bank members from the Fed, European Central Bank and Bank of England talking down inflation fears and holding the “transitory” narrative, this he...
Equity Markets US markets broadly rallied last night with both S&P 500 and NASDAQ hitting all time highs and the Dow Jones jumping to finish up over 300 points for the session. Source: CNBC.com US Markets were given a boost by the Biden administration striking a tentative bipartisan $579 billion U.S. infrastructure deal with Republic...
Equity Markets US equity markets took a dive on Friday as turbulence in the markets continued after the US Federal Reserves hawkish pivot on Thursday. The Dow Jones shed over 500 points or -1.58% as investors mulled the fallout from the Feds policy shift. World equity markets followed the lead of the Wall st with significant drops seen across t...
Equity Markets US markets were mixed on Thursday night as repositioning continued after the Feds hawkish statement earlier in the day. The NASDAQ closed within striking distance of all-time highs while the Dow posted a fourth straight session of losses. Source: CNBC.com Technology stocks rallied during the session as traders piled back i...
Equity Markets US markets dipped on Thursday as investors pondered better-than-expected figures regarding the labour market, as well as a report that the Whitehouse is re-considering its proposal to increase the corporate tax rate. Source: CNBC.com Private job growth figures for May released by the ADP overnight came in at 978,000, a b...
Equity Markets US equity markets are coming off a mixed week. The S&P 500 registered a second straight down week for the first time since February, while the Dow posted its fourth negative week in five. The NASDAQ gained 0.31% last week after a 4 week losing streak as dip buyers finally appeared to snap up beaten-down tech stocks. Analysts ...
Equity Markets US equity markets experienced considerable volatility last week as the Dow and S&P 500 both saw all-time highs but finished the week down -1.1% -1.4% respectively. US CPI figures coming in much higher than expected had investors reassessing the Fed’s policy path given the unexpectedly high rise in inflation. Looking to...
Equity Markets US markets had a broad rally last night with the Dow Jones again hitting all-time highs and the NASDAQ breaking its 5 day losing streak, with strong employment data and rising commodity prices giving investors optimism in the global recovery. Source: CNBC.com US reporting continued this week, with a mixed bag of results....
Equity Markets US Indices took a breather on Friday, easing off all-time highs that were hit during the week on strong tech earnings. US earnings in the week ahead see a less cluttered calendar with only a handful of big names reporting on Tuesday, Wednesday and Thursday. Source: Interactive Investor The United Kingdomn market will see thr...
Equity Markets US stocks bounced back with a broad rally, the S&P 500 set an intra-session all-time high as investors returned to buy the dip after Thursday's tax increase inspired sell-off. Earnings on Friday included Schlumberger Limited (SLB.NYSE) who beat Q1 earnings expectations and gave positive forward guidance on growth for the seco...
Equity markets US markets dropped last night, reversing what was looking like a positive session to finish as the worst single session in the month of April across the major US indexes. Sparking the sell off was a report that the US administration was eyeing a proposal to increase the capital gains tax rate on wealthy individuals, almost doub...
Equity Markets US stocks rose Friday, capping off a very strong week with the Dow, S&P 500 and NASDAQ all closing at record highs. Investors were focused on encouraging economic figures that indicate the global economy is recovering well and a strong start to US earnings season. Looking ahead for this week US reporting season continues...
Equity markets US stocks jumped overnight to reach record levels as stronger than expected print on retail sales and a sharp improvement in the number of new jobless claims cheered the investors. Source: Yahoo Finance US reporting season kicked off this week with impressive results so far from Finance heavyweights JP Morgan, Goldman, BOA and...
Equity markets US markets dropped sharply overnight as inflation fears returned on the back of Treasury yields hitting their highest levels in more than a year. Investors are concerned the Federal Reserve will allow inflation to accelerate, after Wednesday’s policy meeting where they reaffirmed their commitment to easy money policies. As...
Going into the month’s last day of trading, Global markets have performed well despite a sell off this week. Continued hopes that we’re on a path to economic recovery, with COVID vaccines rolling out and the subsequent drop in cases, have supported markets and drawn in investors. Global Equities Major US Indices all saw record highs, with the...