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 The S&P 500 added to recent gains on Friday, gaining 0.4% as Technology companies outperformed, bringing the gain in September for the US large-cap index to 2.1%. Gains for the week were propelled by the unveiling of a tax reform plan that aims to reduce the US corporate tax rate from 35% to 20%. […]
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 […]
US US stocks advanced on Friday, rising 0.2%, leading to a total weekly gain of 1.6%, the biggest weekly advance since January. Up 12% since January, the S&P 500 is on course for its best annual gain in four years. Among the index sectors, technology shares rebounded and banks climbed with Treasury yields. The US […]
US US. stocks edged slightly higher yesterday, rising 0.1%, as investors await the release of the latest readings on inflation for clues on the Federal Reserve’s next policy move. In political news, renewed hope for a U.S. tax overhaul also helped the dollar, as the trade weighted currency increased for a third day. Trump administration officials and congressional […]
US US. stocks extended their climb yesterday, rising 0.3%, in a broad-based advance as volatility ebbed. In currency news, there was a pause in the dollar’s two-day climb as traders await economic data for clues on the pace of U.S. interest-rate increases. Tomorrow’s US inflation data release will be crucially important for the market surrounding Fed […]
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