Market Calendar 5th August – 9th August 2024
Anticipating next week’s company earnings and economic figures.
Stay informed on the latest financial updates and trends with MPC Markets
Pre-Market Pulse 1st August – Tech stocks bounce as Powell opens the door to Sept rate cuts
Stocks notched one of their biggest gains since February overnight, as the Federal Reserve kept rates unchanged, though signaled that it that potential cut in September was on the table.
Pre-Market Pulse 31st July – Microsoft and Nvidia crushed as AI revenue doesn’t materialise
Stocks headed lower led by tech amid cautious trading as the Fed kicked off its two-day meeting and investors awaited further earnings from big tech.
Closing Bell 30th July: Materials Stocks Drag ASX Lower, Led by Fortescue, Central Banks & Earnings in Focus
What’s Affecting Markets Today Fortescue sinks on $1.9B Block Trade JPMorgan sought buyers for $1.9 billion of discounted Fortescue stock
Pre-Market Pulse
Pre-Market Pulse 30th July – Market mixed as investors wait on earnings and Central Banks
Equities closed slightly higher as investors kept their powder dry ahead of tech earnings and the Federal Reserve meeting due this week
Pre-Market Pulse 29th July – Investors buy the dip in Tech on rate cut hopes
Equities closed the week higher as investors flocked back to tech megacaps that had triggered broad sell-offs earlier in the week, and inflation data boosted optimism that the Federal Reserve will soon commence cutting interest rates.
Pre-Market Pulse 26th July – Tech wreck continues in Mag7
Equities attempted a rebound early in the session but failed to hold those gains as Google led the Mag7 lower
Pre-Market Pulse
Pre-Market Pulse 26th July – Tech wreck continues in Mag7
Equities attempted a rebound early in the session but failed to hold those gains as Google led the Mag7 lower
Market Calendar 29th July – 2nd August 2024
Anticipating next week’s economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 25th July – Big Tech earnings disappoint triggering equities avalanche
Equities suffered their biggest one day loss since 2022 as tech stocks nosedived following underwhelming second-quarter earnings from heavyweights Alphabet and Tesla.
Pre-Market Pulse 24th July – Equities end lower as Mag7 earnings get underway
Stocks ended slightly lower overnight amid cautious trading ahead of quarterly earnings from big tech names Tesla and Google.
Pre-Market Pulse 23rd July – Stocks bounce despite US political disarray as Nvidia plans new chip
Stocks were higher overnight in an Nvidia-led rebound in tech stocks following recent weakness as investors ignored America’s political disarray and looked ahead to megacap tech quarterly earnings this week