Nvidia and Big Tech lead US markets lower
18 Apr 2024 - US markets ended in the red for the fourth trading day in a row as big tech names weighed heavily on markets.
18Apr
17Apr
Markets close mixed following Fed rate commentary
17 Apr 2024 - US markets finished close to the flatline following Federal Reserve Chair Jerome Powell comments that interest rates may need to stay elevated.
16Apr
Strong retail sales & rising yields spook investors
16 Apr 2024 - Stocks erased early gains to finish well in the red after much stronger than expected retail sales cast further uncertainty around the likelihood and timing of rate cuts. Continued concerns around possible Israeli retaliation for Iran’s weekend attack also weighed heavily on markets.
15Apr
Geopolitical concerns weigh heavily on US markets
15 Apr 2024 - Concerns have risen after the Iranian retaliation against Israel and weaker than expected bank earnings overshadowed US markets on Friday.
12Apr
Markets bounce back from inflation led sell off
12 Apr 2024 - Tech stocks led the market back into positive territory after the previous sessions inflation led sell off after the March PPI number came in below estimates providing a positive data point for inflation concerns.
11Apr
Higher than expected inflation number triggers selloff
11 Apr 2024 - Hotter than expected March inflation data triggered a wave of selling in US markets with the 10 year Treasury yield soaring back above 4.5 per cent.
10Apr
Investors stay on the sidelines ahead of key inflation data
10 Apr 2024 - Investors remained on the sidelines ahead of the key March CPI data due out Wednesday US time (tonight local time).
09Apr
US markets close flat ahead of inflation data later this week
09 Apr 2024 - Markets finished the day essentially flat as investors remain focused on CPI due out later this week.
08Apr
US market ignores strong payrolls & rising yields to bounce back
08 Apr 2024 - US stocks bounced back in Friday trading ignoring a hotter than expected payrolls print and upward pressure on bond yields.
05Apr
Fed comments & oil rally trigger afternoon sell off
05 Apr 2024 - US markets opened in positive territory before Fed rates commentary and a pop in oil prices spooked traders and triggered an afternoon sell off.