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Stock markets closed lower into the end of the week, as a reversal in sentiment is leading investors to pull their long positions before next week’s very important monetary policy meeting at the US Federal Reserve. The S&P 500 showed a negative weekly performance for the third time in the last four weeks as it is becoming More…
Stock markets closed higher into the end of the week, as the monthly Non Farm Payrolls report for May came in higher than market analysts had originally expected. The Thursday and Friday sessions marked the best two-day performance since January (gaining 2.1%), and this is largely the result of changing expectations for how the labor market data would pan out More…
Cloudy Stimulus Outlook Brings Down Stock Values
Stock markets closed lower once again for the week, with the second negative weekly close in a row for equities markets. The S&P 500 is now showing some steady corrections after managing to hit another new all-time high as traders start to price in the possibility that the US Federal Reserve will start to signal an end to its historic stimulus program (the third round of quantitative easing). Volatility slowed into the early part of the week, as the Memorial Day holiday in More…
Stock markets held at elevated levels for most of the week, as traders awaited some key macro data from the US and China, as well as the scheduled speeches and congressional testimony from voting members of the US Federal Reserve. The main event of the week came with More…
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