Investors stay on the sidelines ahead of key inflation data
10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.
08 Apr 2024 - US stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields.
05 Apr 2024 - US markets opened in positive territory before Fed rates commentary and a pop in oil prices spooked traders and triggered an afternoon sell off.
04 Apr 2024 - US 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.
03 Apr 2024 - Rising 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.
02 Apr 2024 - US 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.
28 Mar 2024 - US markets bounced back after three consecutive losing sessions & extended their first quarter advance.
27 Mar 2024 - US 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.
26 Mar 2024 - US markets finally took a breather as the Easter break will mean a shorter and quieter trading week.