The S&P 500 made a fresh record high on Wednesday, but the rally is likely to be on pause later today. US futures point to a tepid open later today, and the FTSE 100 has opened up marginally higher. Global stocks have had a strong August so far, led by US indices, and markets are…
The Dow Jones saw its lowest figures in over a week on Thursday. Equities are extending a near-term backslide as investors reconsider sky-high valuations. Forecast-beating PMI prints helped to limit losses, but markets remain concerned about rate cut forecasts. The Dow Jones Industrial Average (DJIA) softened on Thursday, testing 44,600 at its lowest point before…
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The Asia session opens beneath a lengthening shadow, as Tokyo finds itself center stage in a drama not of its own making. Nikkei futures are under pressure, down 0.8%, following Trump’s unambiguous declaration: there will be no extension of the July 9 tariff pause. The 90-day reprieve—once seen as breathing space—now looks more like a…
The Dow Jones rose on Thursday, buoyed by a general improvement in equities. Investors shrugged off a downside GDP print, focusing on medium-term factors looming ahead. US PCE inflation figures due on Friday will be the last data hurdle this week. The Dow Jones Industrial Average (DJIA) rose to its highest figure in 16 weeks…
S&P 500 did correct a little in price intraday, but it‘s the sectoral perspective that counts to me most in saying whether that‘s been enough for now, or not – I disccuss that at sufficient length in today‘s video. TSLA corrected to client-given low $320s, NVDA is breaking out, that tech outperformance and leadership lasts…
Equities Global stocks were mixed on Wednesday as investors assessed the tenuous Middle East ceasefire and turned attention back to the U.S. economy. Wall Street futures were subdued after the previous day’s rally. TSX futures were flat. In Canada, investors are getting results from Alimentation Couche-Tard Inc., Evertz Technologies Ltd., AGF Management Ltd. and Novagold…
Hong Kong’s cash-for-residency scheme has yielded an investment of around HK$16.5 billion (US$2.1 billion) from 543 applicants over the past two years, with two-thirds of their capital directed into funds and the stock market. InvestHK, Hong Kong’s department of foreign direct investment, on Sunday released the latest figures of the New Capital Investment Entrant Scheme…
Stock markets are a bit lost as we move towards Thursday. Concerns that earnings data is weak for Q1 in Europe and the US, a delay in US and China trade negotiations, and delays to a Ukraine and Russia peace deal are also hurting overall sentiment. VIX remains stable, which suggests ‘bumpy recovery’ ahead European…
U.S. stock index futures rebounded on Tuesday following a fall in equities in the previous session, when President Donald Trump’s escalating criticism of Federal Reserve Chair Jerome Powell rattled investors. All three major indexes ended Monday’s session more than 2% lower after Trump redoubled his attacks against Powell for not cutting interest rates, sparking concern…