Wall Street plummets in worst day in nearly two years
06 Aug 2024 - US stocks plummeted on Monday, with the Dow Jones Industrial Average suffering its worst day in nearly two years.
06Aug
05Aug
US stocks tumble following jobs data
05 Aug 2024 - US stocks plunged on Friday following a significantly weaker-than-expected July jobs report, raising fears of a potential recession.
02Aug
Recession fears trigger US market selloff
02 Aug 2024 - Fresh activity data triggered fears that the Fed has left it too late to start its rate cut cycle and risks of a recession are rising.
01Aug
Fed commentary triggers surge in megacap tech stocks
01 Aug 2024 - All three major indices rallied as the Fed kept rates unchanged but pointed to a likely easing in September as the inflation outlook continues to improve.
31Jul
Tech stocks pull back ahead of key earnings releases
31 Jul 2024 - The Nasdaq was the worst performing index as investors prepared for quarterly results from the big tech names.
30Jul
Markets drift sideways ahead of key earnings releases & policy news
30 Jul 2024 - Investors remained cautious as markets hovered near flat ahead of some key big tech earnings numbers due later this week and the Fed policy statement due out on Wednesday US time.
29Jul
Rotation into small caps & cyclicals lead US markets higher
29 Jul 2024 - The rotation into cyclicals and small caps continued on Friday, underpinned by encouraging inflation data. All the major indices and the small cap Russell 2000 finished the day up strongly.
26Jul
Rotation out of Tech into small caps continues
26 Jul 2024 - Big Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.
25Jul
Sell off in Tesla & Alphabet weighs heavily on the market
25 Jul 2024 - Earnings results from Tesla & Alphabet after the market close on Tuesday US time triggered a selloff in both stocks in the session which dragged other mega tech names down in sympathy.
24Jul
US markets hover near flat ahead of key earnings releases
24 Jul 2024 - US markets hovered around flat as traders and investors awaited earnings numbers from Google parent Alphabet & EV giant Tesla. Both companies were due to report after the close.