Pre-Market Pulse 1st May – Wage inflation puts pressure on Fed to be hawkish on rates
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
Pre-Market Pulse
Pre-Market Pulse 30th April – Equities grind higher led by Tesla “Robo-taxi” approval in China
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.
Pre-Market Pulse 29th April – Stocks have best week since November as Google and Microsoft do the heavy lifting
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.
Pre-Market Pulse 26th April – Google earnings save the day for equities and Mag7
Google saved the day in afterhours trade, rallying 13% as equities closed lower, but well off session lows
Pre-Market Pulse 24th April – Tech leads gains ahead of Magnificent 7 earnings
Equities rallied on tech strength, notching a second-straight daily gain underpinned by mostly better-than-expected quarterly earnings just ahead of the start of earnings from the Magnificent 7, with Tesla rocketing 8% higher in after hours trade
Pre-Market Pulse 23rd April – Stocks bounce on earnings hopes
Equities rallied on tech strength Monday, rebounding from its biggest weekly loss since March last year as investors looked ahead to quarterly earnings from big tech.
Pre-Market Pulse 22nd April – Equities fall for 6th straight day on Tech rout
Equities notched their 6th straight day of losses to round off the week led by a Netflix and Nvidia rout.
Pre-Market Pulse 19th April – Hawkish Fed speakers & Netflix add to stock market woes
Equities notched their 5th straight day of losses, the longest losing streak since October, as hawkish Fed speak pushed treasury yields higher
Pre-Market Pulse 18th April – Equities led lower by Nvidia as “Higher for Longer” sinks in
Equities continued to slide led by an Nvidia-led slide in tech just as fears of higher-for-longer Federal Reserve interest rates persist.
Pre-Market Pulse 17th April – “Higher for Longer” reaffirmed by Fed Chair Powell
Stocks finished slightly lower in a highly volatile session as Federal Reserve Jerome Powell signaled the need for rates to remain higher for longer following recent inflation data that surprised to the upside.
Pre-Market Pulse 16th April – Geopolitical tensions and fading rate cut hopes weigh on stocks
Equities heavily sold off, pressured by a spike in Treasury yields as geopolitical tensions and stronger-than-expected retail sales data dented expectations for interest rate cuts and overshadowed strong earnings from banking giant Goldman Sachs.
Pre-Market Pulse 15th April – Stocks tank on disappointing bank earnings and Inflation concerns
Equities were sold off Friday as major Wall Street banks kicked off the earnings season with disappointing results, stoking worries about the strength of the upcoming earnings season at a time when inflation jitters remain front and center.