Central bank decisions and inflation data headline the week
The S&P500 index closed at a record high for a second straight week, rising 1% after U.S.
employment data boosted expectations for another interest rate cut later this month. The Nasdaq
Composite index surged more than 3% to set a fresh weekly…
Post-election bid losing steam
The post-election rally lost steam last week amid rising interest rates and less dovish commentary from Fed Chair Powell, sending U.S. equity indices lower. The S&P500 index slid 2%, while the Nasdaq Composite and Russell 2000 dropped 3% and 4%, respectively. A surging U.S. dollar…
The Trump trade is on!
U.S. equity indices and other risk assets soared after Donald Trump was re-elected as President and the Federal Reserve cut interest rates for a second straight meeting. The Russell 2000 index exploded higher by 8.5%, while the Nasdaq Composite jumped 5.7%. The S&P500 gained 4.6%, eclipsing the $6,000 level for the first time
Busy week for macro markets
U.S. equity indices ended the week with mixed performance, as rising interest rates and the
looming Presidential election registered a cautious tone with investors. The S&P500 index fell 1%,
while the Nasdaq Composite rose slightly to a fresh record closing high.
PHLX Semiconductor index plunges
U.S. equities fended off notable semiconductor weakness to finish the week positive, with small-caps outperforming due to financial sector strength. The Russell 2000 index rallied nearly 2%, while the S&P500 and Nasdaq Composite each gained less than 1%.
Earnings season kicks off!
U.S. equities started the week on the backfoot as Chinese indexes slumped after no additional stimulus details came from officials—but the broader indexes quietly rallied from Tuesday on, bringing the S&P500 to new all-time highs for the 44th and 45th time this year…
Q4 Look Ahead [Equity Markets]
China’s central bank and politburo unveiled the biggest stimulus package since the pandemic, sending their country’s equity markets soaring and lending support to global stocks
The devil in the details
U.S. equities continued the prior week’s rally, reaching a new all-time high for both the S&P500 and the Dow Jones Industrial average. The Nasdaq-100 and Russell 2000 indices both posted solid performances as well, rising 1% and 2% respectively, but fell short of new all-time highs….
All eyes on Fed
U.S. equities rebounded from their worst week of 2024, rallying sharply after the latest inflation data reinforced the idea that consumer prices are trending toward the Federal Reserve’s 2% target….
U.S. equities stumbling into September
Last week, U.S. equities rose and interest rates fell after Federal Reserve Chair Powell stated, “the time has come for policy to adjust”, the most direct signal yet that the FOMC intends to start cutting rates soon….READ MORE
