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Stock markets closed higher once again for the week, in a story that is becoming all too familiar for stock investors. The S&P 500 managed to hit another all-time high as macro data was supportive of the bullish sentiment. For the week, the S&P reached levels north of 1667, which is its highest closing value in history and Read more…
Stock markets closed higher for the third week in a row, and the S&P 500 hit another new all-time high this week. The reasons for all the optimism are coming largely from consistent improvements in corporate earnings, stronger economic data and supportive monetary policy from most of the Read more…
Stock markets closed higher for the second week in a row, and the S&P 500 managed to hit new all-time highs in the process. The US benchmark stock index closed above 1600 for the first time in history after strong employment data signalled a stable recovery and investor optimism was Read more…
Stock markets closed higher for the week, as corporate earnings continue to beat analyst estimates and investor sentiment was supported by global macro data. The S&P 500 was higher by 1% for the week, even with the negative close into the close on Friday. Friday’s performance was the first downside close in 5 days, as investors took profits after the previous rally and took advantage Read more…
The S&P 500 was higher into the end of the week as most of the recent corporate earnings reports out of the US have passed analyst expectations. This maintains the healthy prospects seen for a continued recovery, both in the US and from a global perspective. More specifically, this week’s earnings reports were heavily centered in the tech and financial sectors, with names like Read more…
The S&P 500 was higher along with most of the major global stock indices as investor confidence continues to be supported by central bank policies in the US, Europe and Japan. The fact that the optimism continues is somewhat surprising Read more…
The S&P 500 led most of the global stock indices lower as investor confidence was weakened by poor employment data out of the US. The monthly Non Farm payrolls figures for March came in well below analyst estimates, and showed a rise of only 88,000 jobs for the month. Previously, markets were expecting a Read more…
The S&P 500 rose to a new all-time high this week, as strong corporate earnings and improving economic data continue to support the argument for a global recovery. Trading activity was shortened because of Read more…
Global stock markets were modestly positive for most of last week, as there was little in the way of economic data to discourage positive sentiment early on. Initially, buying activity was seen as US Retail Sales and Australian jobs figures came in much higher than analyst estimates. Read more…
Global stock markets moved higher into the end of the week, repairing some of the losses seen last week, as strong earnings reports from Nike and Tiffany & Co. were taken along with a potential bailout agreement for Cyprus to help with the improvement in general sentiment. Read more…
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