Rotation out of Tech into small caps continues
Big Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.
Read MoreBig Tech and AI stocks resumed their sell off as investors continued to rotate into the undervalued small cap and cyclical sectors.
Read MoreEarnings 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.
Read MoreUS 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.
Read MoreAll 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.
Read MoreThe rotation into industrials, financials and smaller companies pushes the Dow Jones to new highs as the rally continues to broaden into underperforming sectors.
Read MoreMarkets continued their move upwards with the Dow Jones hitting a new record following the assassination attempt on former President Donald Trump, as investors took the view that the weekend’s political events will lead to big gains for the Republican Presidential candidate and the GOP at the polls in November.
Read MoreMarkets resumed their march upwards with the Dow Jones hitting new highs in intraday trading, as investors continued to rotate into the broader market and smaller companies.
Read MoreThe S&P 500 and Nasdaq both ended the day in the red as investors looked to rotate out of the big tech names and into small caps and property.
Read MoreBig tech names surged higher leading the broader market to new record highs ahead of the highly anticipated inflation data due out tomorrow US time.
Read MoreThe S&P 500 & Nasdaq both closed at new records following encouraging commentary from Federal Reserve Chairman, Jerome Powell climbed to a fresh record Tuesday after Federal Reserve Chair Jerome Powell warned about the dangers of keeping interest rates high for too long.
Read MoreMarkets 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.
Read MoreThe broader market surged to new highs following the release of the much anticipated jobs numbers which pointed to a cooling labour market raising hopes the Fed will stick to its rate cut forecasts for later this calendar year.
Read MoreEuropean markets closed higher as the US market was closed for the Independence Day Holiday and the UK headed to the polls.
Read MoreMarkets continued to march upwards in light trade on a shortened trading session ahead of the Independence Day holiday. Megacap Tech names dominated the tape and set the positive tone for the broader market.
Read MoreAll three major indices rallied and bond yields fell after Federal Reserve chairman Jerome Powell said the disinflationary path is intact, opening the door to a pivot to rate cuts later this year.
Read MoreUS shares rose on Monday led by the Tech sector which pushed the Nasdaq to a new record ahead of this weeks 4th July holiday.
Read MoreUS stocks edged lower on Friday as investors processed new economic data indicating a slowdown in inflation and better-than-expected consumer sentiment figures. The market also wrapped up a robust first half of 2024.
Read MoreMarkets continued to drift as investors stay on the sideline ahead of key inflation data due out on Friday US time.
Read MoreEquity markets hovered around flat most of the day as investors stayed on the sidelines ahead of key inflation data due out on Friday.
Read MoreNvidia snapped a three day sell off and led the broader market higher as investors remain cautious ahead of key inflation data due out later this week.
Read MoreThe Dow Jones outperformed the two other major indices as investors appeared to rotate out of tech and into financials and utilities, whilst the sell off in Nvidia gathered pace.
Read MoreThe broader market index drifts lower on Friday as the recent Nvidia led rally finally looks to have run out of momentum.
Read MoreUS markets started the trading day in positive territory with the S&P 500 briefly passing the 5,500 level for the first time ever before giving up early gains and settling lower by the close.
Read MoreEuropean stocks closed mostly lower as momentum stalled in the absence of direction from US markets which were closed for the Juneteenth holiday.
Read MoreAnother Nvidia price surge saw the AI giant hit a new share price high and surpass Microsoft to become the most valuable public company.
Read MoreMegacap tech names led the broader market to another record close as Nvidia hit a new intraday all time high amid growing optimism about Fed rate cuts.
Read MoreMarkets trade mixed with eight of eleven sectors in the broader index falling into negative territory.
Read MoreThe S&P 500 and Nasdaq both set a fourth consecutive closing record as fresh inflation data pointed to a further easing in price pressures.
Read MoreThe S&P 500 and the Nasdaq both hit all time highs closing at new records following the Fed’s policy announcement and May CPI numbers that pointed to easing inflationary pressures.
Read MoreThe S&P 500 and the Nasdaq Composite hit new highs as Apple shares surged on AI news.
Read MoreNvidia and the tech sector help the S&P 500 and Nasdaq close at new record highs as investors look to Wednesday’s Fed Policy meeting.
Read MoreUS stocks were mostly flat on Friday after stronger than expected US jobs data pointed to a strong economy but also raised concerns the Federal Reserve may wait longer to cut interest rates than many investors had hoped.
Read MoreMarkets drifted sideways as investors remained on the sidelines ahead of the crucial May non-farm payrolls numbers due out Friday US time.
Read MoreA surge in the Nvidia share price and weak labour market data pushed the broad S&P 500 index to a new record close.
Read MoreUS stocks closed in the green as the latest jobs data, provided further evidence that the economy is losing momentum and keeping the door open to rate cuts.
Read MoreCyclical stocks and those leveraged to manufacturing activity came under pressure during the trading session following the release of soft manufacturing numbers which raised concerns about the strength of the underlying US economy.
Read MoreThe Dow Jones jumped as investors breathed a sigh of relief as key inflation readings released on Friday came in mostly as expected with no negative surprises.
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