Solid corporate earnings drive US markets higher
24 Apr 2024 - US stocks surged higher as a raft of corporate earnings results came in ahead of expectations.
24 Apr 2024 - US stocks surged higher as a raft of corporate earnings results came in ahead of expectations.
23 Apr 2024 - US stocks bounced back in US trading as Middle East tensions eased and investors turned their attention to the release of major company earnings results.
22 Apr 2024 - Early trading saw oil spike more than 3 per cent and Middle East tensions take centre stage until the limited nature of Israel’s retaliation against Iran became apparent, easing concerns of any further escalation in the region and calming markets.
19 Apr 2024 - US jobless numbers held steady overnight, adding yet another data point that suggests the US economy is firing on all cylinders.
18 Apr 2024 - US markets ended in the red for the fourth trading day in a row as big tech names weighed heavily on markets.
17 Apr 2024 - US markets finished close to the flatline following Federal Reserve Chair Jerome Powell comments that interest rates may need to stay elevated.
16 Apr 2024 - Stocks 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.
15 Apr 2024 - Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.
12 Apr 2024 - Tech 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.
11 Apr 2024 - Hotter 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.