US The S&P 500 finished 0.2% higher, with Telecoms and Financials leading advancers. Comments from President Trump on US drug pricing led to weakness in Health Care companies, one of the worst performing sectors for the session. In currency markets, the dollar index, a gauge of the greenback against a basket of peers, rose 0.1 […]
US US stocks edged slightly higher on Friday, rising 0.1% by the close. Economic data released on Friday showed a significant hurricane distortion in the September headline inflation figure largely related to fallout from a temporary spike in energy prices. The bigger surprise came from another downside surprise for core inflation, which has fallen short […]
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US US. stocks retreated in light trading, declining 0.2%, as investors assessed the latest political developments in Washington before the start of earnings season. Investors may have refrained from large bets Monday without any direction from the bond market, which was closed for Columbus day, while the minutes from the Federal Reserve’s last meeting are […]
US The S&P 500 notched another fresh record high yesterday, gaining 0.6% on the day, marking the eighth consecutive positive session for the index and a sixth successive record close. Financials and Technology stocks were the best performing sectors on the day. Financials were boosted by a rise in bond yields following the passing of […]
US US equities maintained their strong recent run. The S&P 500 gained 0.4%, settling at another fresh record high. The dollar also extended its recent bout of strength against the euro as the common currency traded lower following the Spanish vote in Catalonia. Positive US economic data further boosted the dollar as the Purchasing Managers […]
US US. stocks fell, with the S&P declining 0.2%, as selling in large-cap technology shares intensified. US Treasuries advanced with gold after North Korea ratcheted up tensions with America. Haven assets advanced after North Korean Foreign Minister Ri Yong-Ho described President Donald Trump’s recent comments as tantamount to a declaration of war. Europe In Europe, equities […]
US The S&P 500 closed marginally higher on Friday, with Telecoms and Energy leading gainers, despite North Korea’s threat of testing a hydrogen bomb over the Pacific Ocean. US bond yields were slightly firmer for the session, as the yield on the 10-year Treasury bond fell to 2.25% (prices rose) after posting a strong rebound […]
US The S&P 500 Index edged higher for a third day, rising 0.1%. Moves in the dollar and US Treasury yields were also muted after Donald Trump gave a speech to the United Nations and as the Federal Reserve began a two-day meeting. Market attention will turn to the Fed decision today, with a focus on details […]
US US. stocks advanced to fresh records, with the S&P 500 edging up a further 0.1%, while the dollar halted a two-day drop and Treasury yields rose as investors remained optimistic about the economy. Markets maintained a risk-on stance after last week’s gains, with investors turning attention to this week’s Federal Reserve meeting. While the central […]