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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 Read 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 Read 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 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 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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