Market Reports Text

US stocks rallied overnight as investors continued to shrug off a rocky start to September and snapped up tech stocks in anticipation of a Federal Reserve rate cut next week.

US stocks rallied on Wednesday after a volatile session, as investors analysed the latest US inflation data and its potential impact on Federal Reserve policy.

The S&P 500 marked its second consecutive winning session on Tuesday as Wall Street worked to stabilise during a turbulent September.

US stocks surged overnight as investors bought the dip following Wall Street’s worst week of the year, with hopes that a potential Federal Reserve rate cut later this month would help support a slowing economy.

The S&P 500 suffered its worst weekly decline since March 2023 on Friday, as investors grappled with a weaker-than-expected August jobs report and shed leading tech stocks.

US stocks struggled overnight as investors grew increasingly concerned about the health of the economy, particularly ahead of Friday’s crucial nonfarm payrolls report.

The S&P 500 and Nasdaq Composite extended their losses for a second consecutive session overnight, marking a sluggish start to September.

US stocks took a sharp downturn on Tuesday as technology shares faltered and new economic data reignited concerns about the health of the economy.

Global markets were muted on Monday, with US markets closed in observance of Labor Day. Traders are bracing for the arrival of jobs data later in the week which are expected to help determine how the Federal Reserve goes about cutting interest rates.

US stocks surged on Friday, with the Dow Jones Industrial Average hitting a new record high as investors closed out a turbulent month on a positive note. Traders were also digesting key inflation data closely monitored by the Federal Reserve.

The Dow Jones Industrial Average climbed to a record high overnight, as Wall Street attempted to recover from a steep sell-off earlier this month.

US stocks retreated overnight, pressured by a dip in Nvidia shares as investors awaited results after the bell.

US stocks closed slightly higher on Tuesday as investors looked ahead to a crucial earnings report from Nvidia.

The Dow Jones Industrial Average notched a new all-time high overnight as investors sought to shake off a recent market slump.

US stocks rallied on Friday after Federal Reserve Chair Jerome Powell hinted that interest rate cuts could be on the horizon.

The S&P 500 experienced a pullback overnight as investors anticipated Federal Reserve Chair Jerome Powell’s keynote address at the Jackson Hole Economic Symposium.

The S&P 500 surged on Wednesday, fuelled by optimism that the Federal Reserve will lower interest rates at its upcoming meeting.

The US market’s recent rally hit a snag overnight as stocks retreated, ending a winning streak.

US shares advanced on Monday, extending recent gains as investors looked ahead to the highly anticipated Federal Reserve symposium later this week.

US shares surged on Friday, capping off their most successful week of 2024 as the market rebounded from a sharp decline earlier in August.

US stocks surged on Thursday as upbeat consumer and labour data fuelled a rally, easing recession fears and bolstering investor confidence.

The Dow Jones Industrial Average gained ground on Wednesday, buoyed by encouraging US inflation data.

US stocks rallied significantly overnight, inching closer to their record highs set last month. This upward trend was fueled by the latest inflation report, which showed signs of cooling price pressures.

US stocks traded erratically on Monday, ultimately closing near flat as investors remained on edge ahead of crucial inflation figures.

US stocks edged higher on Friday as the market continued its remarkable recovery from Monday’s sharp sell-off, nearly erasing the week’s earlier losses.

US stocks climbed Thursday after new labor market data boosted investors’ confidence in the US economy following a sharp market sell-off earlier in the week.

US stocks closed lower on Wednesday as the market’s attempt to fully recover from Monday’s sell-off failed.

US stocks jumped Tuesday, recovering some losses from the previous three trading days as investors took a pause from recession fears and Japanese equities rallied.

06 Aug 2024

05 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.

Markets continued their drive higher with two out of the three major indices closing at new record highs ahead of new inflation data and upcoming earnings numbers later this week.

The Nasdaq was the worst performing index as investors prepared for quarterly results from the big tech names.

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.

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.

Big Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.

Earnings results from Telsa & Alphabet after market close yesterday triggered a selloff in both stocks in today’s session which dragged other mega tech names down in sympathy.

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.

All three major indices finished in the green with the Tech names rebounding from last week’s selloff, as the rotation into the broader market and small companies took a breather.

22 Jul 2024