Opinion – Tuesday 12 October 2021

U.S. Equity Markets rose in the morning before selling off into the close, finishing the day lower, led by Dow closing with a loss of 0.72%. Markets rose in the early afternoon on positive headlines about COVID-19 treatments. Merck (MRK) officially filed for an...

Opinion – Monday 11 October 2021

U.S. Equity Markets were choppy to end the week, finishing Friday’s session lower, led by the NASDAQ 100 which finished with a loss of 0.51%. Jobs data was the big story of the day. The Bureau of Labour Statistics’ Non-Farm Payroll data for September showed...

Opinion – Friday 8 October 2021

U.S. Equity Markets continued their rally on a debt ceiling deal, ending yesterday’s session higher, led by the Dow with a gain of 0.98%. Congress announced that it had reached a deal to suspend the debt ceiling until December, which would provide the government with...

Opinion – Thursday 7 October 2021

U.S. Equity Markets rallied strongly off their lows on reports of a debt ceiling deal, finishing the day higher, led by the NASDAQ 100’s gain of 0.63%. Markets opened sharply lower again. This was despite strong ADP employment data. The ADP employment data came in...

Opinion – Wednesday 6 October 2021

U.S. Equity Markets rebounded from Monday’s sell-off, finishing yesterday’s session higher, led by the 1.40% gain in the NASDAQ 100. Senate Majority Leader Chuck Schumer (D-NY) said Democrats do not need Republican help to suspend the debt-ceiling limit. He is...

Opinion – Tuesday 5 October 2021

U.S. Equity Markets reversed most of Friday’s gains as Interest Rate fears took centre stage again, finishing the day lower, led by the NASDAQ 100 which closed lower by 2.16%. Markets fell as Interest Rates picked up again. Remember, this is the theme the bears are...