Pre-Market Pulse 11th December – Santa rally continues as Payrolls figures shows US economy remains firm
Equities continued their dream run with the major indices locking in 7 weeks in a row of gains, a feat not accomplished since 2019
Equities continued their dream run with the major indices locking in 7 weeks in a row of gains, a feat not accomplished since 2019
Equities finished higher as a tech-led rally underpinned by Alphabet and AMD offset losses in energy stocks ahead of the monthly jobs report due Friday.
Equities finished lower overnight as investors digested another round of softer jobs data pointing to a slowing economy, boosting hopes that sooner rather later rate Federal Reserve cut is on the horizon.
Stocks finished mixed overnight with downside momentum curbed by rising tech stocks as Treasury yields fell after data showed labor demand fell to a two-year low.
Investors paused their bullish bets on tech as Treasury yields rose ahead of key Payrolls data that will likely shape the Federal Reserve thinking on monetary policy
All three major U.S. stock indexes advanced, with economically sensitive transports and small caps enjoying the most robust gains.
Equities closed higher overnight as investors digested an ongoing slowdown in the pace of inflation and mostly better than expected corporate earnings
Equities closed mixed overnight to remain on course to post big November gains amid fresh optimism that the economy will avoid recession and ongoing optimism of Fed rate cuts of early next year, despite stronger GDP numbers
Equities closed higher Tuesday, underpinned by a fall in Treasury yields as dovish remarks from some Federal Reserve officials boosted bets on rate cuts.
Thanksgiving is one of the quietest periods of the year for global markets outside Christmas.
Equities resumed the rally overnight despite Nvidia disappointing investors with their results.
Equities resumed the rally overnight despite Nvidia disappointing investors with their results.