Equities remained heavy overnight despite Apple and Amazon beating analysts expectations as long-term yields test levels not seen in 16 years, ahead of tonight’s US employment numbers
Confession season is upon us!
A steady flow of ASX listed company earnings is due this week
Who will shine and who will disappoint?
Equities dropped overnight, as an AMD-fueled slump in tech and the Fitch Ratings downgrade of U.S debt weighed on investor sentiment.
The S&P500 and Nasdaq closed weaker on Tuesday, the first day of seasonally slow August, ahead of U.S. jobs data and major companies’ earnings reports later this week.
Equities closed higher Monday to wrap up a fifth-straight positive month for July after shrugging off a dip in health care as energy stocks racked up gains.
US equities rallied as US Core PCE, the Feds preferred inflation measure fell, sparking further optimism from investors of a “Goldilocks” soft landing
The Weekender” delves into the global financial landscape, analyzing selected stocks, housing markets, Green Energy reforms, and the complex battle between economic “Goldilocks” and “Bears.
The Dow snapped a 13-day win streak Thursday as rally in Meta was offset by weakness in financials and airline stocks amid underwhelming quarterly results and resilient US GDP in the face of an aggressive bout of Federal Reserve policy tightening.
The DOW extended its win streak to a 13th straight day, as investors buried their head in the sand as the Federal Reserve raising interest rates to the highest level in 22 years
Dow notches 10-day winning streak as sector rotation indicates overbought tech; S&P 500 and Nasdaq end mixed amidst varied investor sentiment on monetary policy.
This week’s wrap-up highlights the cautious AI rally, top US earnings picks, investor strategies, Wall Street CEO economic perspectives, Australian job market trends, and an overview of market happenings. Discover more inside.
Despite the Nasdaq’s dip, ASX impact is minimal. Record low unemployment prompts economists to reassess rate forecasts, while commodities exhibit mixed performance amid market uncertainty.
