The 10-year Treasury yield has demonstrated its resilience following positive employment data, highlighting the ongoing robustness of the labour market. Still, the stock market looks stabilised for...
The lacklustre performance of The Magnificent Seven at the outset of 2024 may serve as a glimpse into the potential trajectory for investors throughout the rest of the year as the market rally...
The Nasdaq, dominated by technology, is set for its strongest year since 2003, with a remarkable climb of over 40%. This exceptional performance is attributed to the surge in artificial intelligence...
Wall Street is anticipating a "Santa Claus Rally" during the final trading days of the year and the first two days of the new year. Historically, the S&P 500 has shown an average gain of 1.3% since...
Investor confidence is on the rise as prospects of additional rate cuts in 2024 emerge, propelling equity indices to record highs and causing Treasury yields to dip.
Investors have been focused on jobs data as initial jobless claims reported on Thursday were 220,000 while continuing claims came in at 1.861 million.
Investors remain optimistic that the Fed has wrapped up its rate-hiking regime and that the economy is on track for a soft landing.
The S&P500 index has climbed 8.7% in November so far, on track for its strongest monthly showing since July 2022. It is up 19% in 2023.
Major US stock indices are poised for their third consecutive week of gains, with the S&P 500 and Nasdaq registering over 2% increases by Thursday's close, and the Dow expected to climb by 1.9%.
