09 May 2024 - Markets 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.
08 May 2024 - US 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.
07 May 2024 - A 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.
06 May 2024 - US 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.
03 May 2024 - Strong earnings and softer treasury yields ease investor concerns further, as Megacap Tech stocks lead markets higher.
02 May 2024 - US 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.
01 May 2024 - US 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.
30 Apr 2024 - 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.
29 Apr 2024 - US markets pushed higher led by the big tech names as earnings numbers continued to surprise on the upside.
26 Apr 2024 - US 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.
