Research
16 May 2025
The S&P 500 hovered near the flatline on Thursday, putting its three-day winning streak...
Research
15 May 2025
The S&P 500 rose modestly on Wednesday, extending a strong start to the week that pushe...
5 April 2023
The US stock market was solidly in the red, around 0.5% on Tuesday (04/04/23), after the release of job openings data dropped to 9.931 million, below the forecast of 10.4 million; indicating a cooling labor market, while Factory Orders (Feb.) also fell 0.7%, lower than the -0.5% forecast. These two data follow the weak US manufacturing activity report released on Monday.
4 April 2023
The Dow Jones closed up 1% on the back of energy stocks as oil prices surged after OPEC+ surprisingly announced a 1 million barrel/day production cut; while the technology sector only edged lower due to bargain buying.
3 April 2023
Global stock markets managed to post the biggest weekly gain in 4.5 months, while US Treasury yields dropped for the first time in 9 quarters; as US Inflation data reflected in the PCE Price Index (Feb.) managed to tick lower than expected at 5% YoY (vs. 5.3% previous).
31 March 2023
The Dow Jones and others closed higher on Thursday (30/03/23), led by technology stocks in the Nasdaq index, which gained the largest percentage of 0.7%, as the rise in Treasury bond yields subsided after the release of Initial Jobless Claims data came in higher than expected at 198,000 (also higher than 191,000 in the previous week).
30 March 2023
US stocks rallied on Wednesday (29/03/23), with all three major indexes ending up at least 1%; the Nasdaq led the way with a 1.8% gain on the back of an upbeat outlooks from Micron Technology, which drove a surge in share prices of other chipmakers.
