Equities eased slightly on Monday, dragged down by the tech sector, as yields remained elevated after last week’s FOMC meeting. The tech decline overshadowed optimism as the US and Iran made great progress in their talks in Switzerland. Market participants are also looking forward to the US PCE price index report, which will give more Read More…
Equities rallied on Monday as traders applauded the news of a peace deal between the US and Iran. Meanwhile, oil prices collapsed, easing inflation worries. However, some analysts have warned that it could take time before supply returns to normal. Elsewhere, market participants are eagerly awaiting the FOMC policy meeting for clues on future Fed Read More…
Equities rallied on Monday amid growing optimism over a likely deal between the US and Iran to end their war. Progress in talks between the two countries has renewed hopes that the Strait of Hormuz will soon reopen. As a result, oil prices have collapsed since last, easing inflation worries. The S&P 500 was retreating Read More…
Equities regained some ground after pulling back at the end of last week due to a decline in the tech sector. Volatility was low on Monday, with no major reports and stalled talks between the US and Iran. Market participants are looking forward to the FOMC meeting minutes due on Wednesday. Stocks rally (Source: Bloomberg) Read More…
US equities hit fresh record highs on Monday amid optimism over a solid earnings season. The new high came despite ongoing tensions in the Middle East and stalled negotiations. Meanwhile, traders are cautiously awaiting the US consumer inflation report and the vote on the Fed Chair nomination later on Tuesday. The S&P 500 soared to Read More…
US equities pulled back slightly on Monday after hitting fresh record highs in the previous session amid earnings optimism. Market participants have decided to focus more on the upbeat earnings reports, indicating a solid start to the year. However, downside risks remain due to the uncertainty surrounding the Iran war. S&P 500 EPS (Source: Investing.com) Read More…
