Nvidia rally pushes Nasdaq to new record
Nvidia shares rallied strongly in Monday trading ahead of its quarterly earnings result due out on Wednesday, leading the Nasdaq to a new record close.
Read MoreNvidia shares rallied strongly in Monday trading ahead of its quarterly earnings result due out on Wednesday, leading the Nasdaq to a new record close.
Read MoreThe Dow Jones closed above 40,000 level for the first time in history on Friday, a day after hitting that key benchmark in the previous trading session.
Read MoreThe Dow Jones surged above the 40,000 level for the first time ever in intraday trading before settling below the record level by the close. Optimism about the inflation and rates outlook continued to filter through the broader market.
Read MoreA weaker than expected CPI print and flat April retail sales numbers pushed all three major averages to record highs.
Read MoreBig Tech led the move up as investors chose to look past a higher April PPI number and ahead to the CPI print due tomorrow US time.
Read MoreInvestors remained cautious ahead of the release of producer price data late Tuesday and consumer price data late Wednesday. Both data points are seen as critical to the outlook for US interest rates.
Read MoreUS consumer sentiment data released on Friday kept a lid on consumer enthusiasm as the data suggested inflation remains a key concern for consumers.
Read MoreUS markets rallied on Thursday following a rise in jobless claims that rekindled investor hopes that the Fed will cut rates in the second half of this year.
Read MoreMarkets traded close to flat on lighter newsflow as reporting season now nears its end. The Dow Jones was the only one of the major indexes to finish in the green and extended its winning streak to six days.
Read MoreUS markets traded mostly sideways as the major indexes finished mixed on a day where investors continued to debate the Fed ‘s next rate moves and timing.
Read MoreA solid earnings season and rising confidence in the Fed’s rates policy saw markets continue their advance to start the week well into positive territory.
Read MoreUS equity markets rallied strongly on Friday following softer-than-expected April jobs numbers. The report took some pressure off the Fed after recent hotter than expected economic data.
Read MoreStrong earnings and softer treasury yields ease investor concerns further, as Megacap Tech stocks lead markets higher.
Read MoreUS equities traded mixed for most of the session after Federal Reserve Chair Jerome Powell commented that the next move is unlikely to be a hike, easing investor concerns that the Fed was losing control of sticky inflation.
Read MoreUS stocks tumbled overnight to close out a losing month after higher-than-expected wage data raised new inflation concerns ahead of the Federal Reserve’s rate decision on Wednesday.
Read More??US markets continued to rise underpinned by strong earnings numbers. Results from the reporting season so far have seen over 80 per cent of US companies beating expectations.
Read MoreUS markets pushed higher led by the big tech names as earnings numbers continued to surprise on the upside.
Read MoreUS stocks slid as mixed economic data raised fears that stagflation may rear its ugly head, as growth numbers came in weaker than expected and price growth higher than expected.
Read MoreUS stocks surged higher as a raft of corporate earnings results came in ahead of expectations.
Read MoreUS stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.
Read MoreUS markets finished close to the flatline following Federal Reserve Chair Jerome Powell comments that interest rates may need to stay elevated.
Read MoreStocks erased early gains to finish well in the red after much stronger than expected retail sales cast further uncertainty around the likelihood and timing of rate cuts. Continued concerns around possible Israeli retaliation for Iran’s weekend attack also weighed heavily on markets.
Read MoreMounting concerns about Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.
Read MoreTech stocks led the market back into positive territory after the previous sessions inflation led sell off after the March PPI number came in below estimates providing a positive data point for inflation concerns.
Read MoreHotter than expected March inflation data triggered a wave of selling in US markets with the 10 year Treasury yield soaring back above 4.5 per cent.
Read MoreInvestors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
Read MoreMarkets finished the day essentially flat as investors remain focused on CPI due out later this week.
Read MoreUS stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields.
Sources: Bloomberg, FactSet, IRESS, TradingView, UBS, Bourse Data, Trading Economics, CoinMarketCap.
Read MoreUS markets opened in positive territory before Fed rates commentary and a pop in oil prices spooked traders and triggered an afternoon sell off.
Read MoreUS markets traded in positive territory for most of the day encouraged by comments from Fed Chair Jerome Powell that suggested that recent negative data does not materially change the overall picture from his perspective, and the Fed’s guidance on rates remains unchanged at this stage.
Read MoreRising bond yields and concerns around the timing of future rate cuts by the Federal Reserve weighed heavily on US markets as investors are increasingly question the likelihood of a June rate cut.
Read MoreRising bond yields and concerns around the timing of future rate cuts by the Federal Reserve weighed heavily on US markets as investors are increasingly question the likelihood of a June rate cut.
Read MoreUS markets kicked off the post Easter week by giving up ground on what was a winning month for March and a strong first quarter. New inflation data raised concerns that the Fed may struggle to hit its target of three rate cuts by the end of 2024.
Read MoreUS markets bounced back after three consecutive losing sessions & extended their first quarter advance.
Read MoreUS markets fell off in afternoon trading to finish in negative territory for the 3rd trading day in a row. Trading volumes remained light ahead of a short trading week and Easter break.
Read MoreUS markets finally took a breather as the Easter break will mean a shorter and quieter trading week.
Read MoreThe three major indexes drifted over the last session of the week to finish mixed on the day, but ending with the best week of 2024 so far.
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