All three major U.S. indices moved higher this week, with the S&P 500 gaining 2.3%. The Dow was also up 1.97% for its best week since December. The Nasdaq was the outperformer of the three, gaining 2.85%. The main driver of positive investor sentiment for markets was the conclusion of the Federal Reserve’s (Fed) policy […]
Financial markets got off to a quiet start this week, as investors awaited the release of the U.S. consumer inflation data on Tuesday. While CPI for February met expectations at 0.4% (MoM), core prices exceeded forecasts, primarily due to rising shelter costs. On Thursday, producer inflation surprised on the upside, causing concerns about potential consumer […]
Following a promising start to 2024, the global equity market continued to gain momentum throughout February, amidst economic resilience in the US. The MSCI All Country World Index closed the month at an all-time high (+4.3% MoM), with the large cap S&P 500 index also boasting a record close of +5.3%. This marks gains in […]
U.S. stock markets experienced mixed performance as long-term interest rates fell amid concerns about a cooling labour market. While the S&P 500 Index reached record highs earlier in the week, they pulled back late Friday. Small-cap and value shares outperformed, while mega-cap tech shares lagged due to reports of slowing iPhone sales in China. Novo […]
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