Market Calendar 19th Feb 2024 – 23rd Feb 2024
Anticipating next week’s AU company earnings updates & economic figures. Stay informed on the latest financial updates and trends.
Pre-Market Pulse 16th February – Stocks ride Energy and Small Caps to yet another record high
Stocks climbed Thursday, as a jump in energy and small-caps supported the ongoing rally and offset an Apple-led dip in tech and economic data showing possible signs of weakness in the consumer.
Pre-Market Pulse 14th February – Hot inflation numbers wipe out rate cut hopes
The Dow had its worst day in 11 months as US inflation numbers all but wiped out hopes of aggressive rate cuts in the first half of this year.
Pre-Market Pulse 13th February – DOW hits record high as energy stocks surge
The Dow closed at record highs Monday, led by energy stocks ahead of a busy week of top-tier economy data, and fresh round of corporate earnings.
Pre-Market Pulse 12th February – S&P500 closes above 5000 for the first time on AI frenzy
Equities surged higher with the S&P500 closing above 5,000 for the first time on Friday and Nasdaq briefly traded above 16,000, with boosts from megacaps and chip stocks, including Nvidia as investors bet on artificial intelligence technology and eyed strong earnings data.
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Pre-Market Pulse 8th February – S&P500 closes at record as investor sentiment remains fickle
Equities The S&P 500 rallied Wednesday closing at a record high and just shy of 5,000 level as bullish bets on stocks continued, with consumer stocks leading the charge following an earnings-led rally in Chipotle and Ford.
Pre-Market Pulse 7th February – Stocks lose momentum as “Higher for Longer” sinks in
Equities staged a late dash from the lows of the day as the race to record highs resumed following a recent stumble as broadening out of the rally on stronger corporate earnings helped soften the blow from chip-led weakness in tech stocks.
Pre-Market Pulse 6th February – Rising bond yields spoil the record run party
An pressured by a McDonald’s-driven wobble in consumer stocks and jump in Treasury yields after Chairman Jerome Powell shackled hopes of a sooner interest rate cut.
Pre-Market Pulse 5th February – Meta Platforms rally drives tech higher, despite strong jobs data
An extreme rally in Meta platform (Facebook) stoked bullish bets on big tech even as a blowout jobs report muddied the Federal Reserve rate-cut outlook.
Pre-Market Pulse 2nd February – Tech bounces back on earnings, Uranium shortage deepens
Tech investors ignored the Fed’s warnings of “higher rates for longer” and bought the dip overnight leading into 16% of the S&P500 delivering earnings after the bell. Meanwhile uranium investors rejoiced at 17-year highs as the worlds biggest producer, Kazatomprom, flagged a 20% reduction in forecasted production leaving a 5% supply gap.
Pre-Market Pulse 1st February – Powell delivers knock-out blow to March cuts, leaving tech stocks on the canvas
Tech stocks led the market lower as the Federal Reserve’s chairman Jerome Powell said it was unlikely that the Fed would cut rates in March, dealing a blow to hopes for sooner rate cut that added fuel to the tech-led selloff.