Equities traded higher overnight led by tech as investors continued to digest a slew of corporate earnings ahead of the crucial monthly jobs report due Friday.
It was a rollercoaster ride in equities overnight, swinging between gains and losses as the Federal Reserve kept rates unchanged on Wednesday, but the central bank maintained its easing basis, downplaying the prospect of rate hikes.
Current holdings in URNM and PDN totaling 6.5% will benefit from the US ban on Russian Uranium imports
A hotter than expected wage inflation number has put extra pressure on the Fed as the US Central Bankers start their 2-day policy meeting on interest rates
Re-buying WOR in the Balanced Portfolio with a 3% allocation.
Equities clawed back early losses as Tesla rallied 15% on tentative approval of Robo-Taxis in China and an upgrade for Apple, as quarterly earnings season continues to roll on just a day ahead of the latest Federal Reserve meeting.
With Paladin delivering production on time and the major components of URNM having production difficulties, we are recommending a switch back to Paladin (PDN)
Equities rallied Friday, clinching its best week since November, as stronger-than-expected earnings from Microsoft and Alphabet revived investor optimism in the AI-led tech bull run.
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Things were looking grim mid-week with Meta dropping 16% and the broader market down over 2%
Enter Google results to save the day!
Newmont shares on NYSE are up 15.68% since Wednesday’s ASX close on earnings results
Google saved the day in afterhours trade, rallying 13% as equities closed lower, but well off session lows
