The S&P 500 Index faces its worst week in six months as global investors grapple with the possibility of sustained high interest rates to combat inflation.
The U.S. stock market saw increased volatility and a decline in response to a $4 trillion options event, alongside concerns about a strike impacting Detroit automakers.
The end of July marked the peak for the S&P 500 so far this year, as the steady market uptrend that began in mid March started to retreat as soon as the August began.
Stocks climbed as traders analyzed comments from Federal Reserve speakers, including Jerome Powell's statement that officials will be cautious about raising interest rates, signaling a prolonged period of tighter policy.
Equity markets faced a significant decline as fears of higher rates weakened sentiment, driving key indices toward their largest weekly loss since March.
U.S. markets marched into bull market territory in July as economic data continues to show resilience with strong growth and key inflation indicators easing.
Tech mega caps faced renewed declines, causing stock markets to struggle as bond yields rose. The S&P 500 experienced a volatile week which ended with a small 0.30% loss, while the Nasdaq was down nearly 2%.
Investors remain optimistic as U.S. data supports the “Goldilocks” scenario of a balanced economy with key inflation indicators easing while positive economic outlook fuels speculation that the economy can avoid a recession.
The Nasdaq was slightly positive on Friday, attempting to recover losses from the previous session following disappointing earnings from Tesla and Netflix, leading the index 0.57% lower this week.
Earnings season kicked off with positive quarterly earnings from JP Morgan, Wells Fargo, and Citigroup, who all benefited from higher interest rates...
Equity markets had another positive month as the S&P 500 was up 6% in June, bringing year-to-date returns to 14.5%, while the Nasdaq is officially back in bull market territory, up 36.7% year-to-date.
U.S. stocks trimmed gains following mixed hiring data this week, the S&P 500 traded off recent highs with lower volume and closed the week down 1.15%, while the Nasdaq fell 0.90%.
Tech Mega Caps, including Apple, fueled a strong rally, propelling the Nasdaq 100 to a historic first-half performance. Investors embraced positive inflation data, favoring economic growth.
U.S. stocks retreated, ending the S&P 500's five-week winning streak, as concerns over higher borrowing costs and hawkish signals from central banks resurfaced.
The S&P500 rose 0.4% in May and remained in a holding pattern throughout month as investors waited for clarity on the U.S. government’s ability to secure a deal to raise the debt ceiling limit.
The stock market saw another week of gains driven by the enthusiasm surrounding artificial intelligence (AI) and growing confidence in the U.S reaching a deal on their debt limit.
The stock market experienced a volatile week but was down only slightly from last week as investors eagerly awaited signs that the Federal Reserve's rate hiking cycle is approaching its end.
After a four-day loss, the US equity market rebounded on Friday following the release of April job data that showed the economy added more jobs than expected...
U.S. equities continued their rally on Friday with the S&P 500 gaining 0.8% (0.9% for the week) due to better-than-expected earnings from Exxon and Intel.
This week, the Nasdaq stocks were positive, but underperformed the broader U.S. market as traders increased bets that the Federal Reserve could raise interest rates at least once more this year.
U.S. equities rallied on Friday and extended the weekly gains to over 3% for both the S&P 500 and Nasdaq as key inflation measures showed signs of cooling...
On Friday the U.S. market gave back some of the weekly gains as major banks put restrictions on trading with Credit Suisse and First Republic dragging the regional banking sector index lower.
The U.S. market bounced back after a difficult week last week as investors speculate that the Fed won’t raise rates above the peak rates that are currently being priced in.
The U.S. market fell over 1% this week, led by a sell-off in the Technology sector, as a handful of Fed speakers re-emphasized the potential for interest rates to move higher and stay higher for longer.
The U.S. market fell over 1% this week, led by a sell-off in the Technology sector, as a handful of Fed speakers re-emphasized the potential for interest rates to move higher and stay higher for longer.
The US market was resilient this week after disappointing 2023 outlooks from several large companies was overshadowed by speculation of smaller Fed hikes as inflation continues to cool.
U.S equities recovered some of the losses from earlier this week as tech rallied on positive earnings from Netflix as they surprised with better-than-expected subscriber growth and Alphabet (like many other tech companies) announced ~12,000 job cuts.
The U.S market continued to show strength and closed up 2.7% for the week as inflation data came in below expectations on Friday causing the major banks to rebound after starting the morning negative.
The S&P 500 finished positive this after multiple consecutive weeks of losses but remains in the tight trading range that we’ve experienced since mid December.
Like Argentina’s strong performance following a weak start to the FIFA World Cup, markets bounced-back in November following a pull-back in mid-October.
The recession narrative started gaining more traction after U.S. inflation data were released, causing U.S. equities to drop as investors favoured bonds.
U.S. markets were down for the second week in a row. Concerns around quantitative tightening, hawkish central bank postures, and high inflation escalated.
Equities fell for the fifth straight week in the U.S. Markets continue to be affected by volatility as the Fed and BoE raised key interest rates once again.
Stocks declined following hawkish Fed meeting minutes, which highlighted the urgency of moving monetary policy “towards a neutral posture expeditiously.”
Strong activity across business and consumer segments of the global economy pushed stocks (as represented by the MSCI World Index in U.S. dollars) to reach all-time highs.
Following the quickest bear market descent in history, stocks rebounded sharply in the second quarter fuelled by unprecedented stimulus measures and a rally in technology stocks.
