Opinion – Wednesday 8 September 2021

U.S. Equity Markets pulled back on a relatively quiet day, to closed mixed as the Dow led the decline with a loss of 0.76% while the NASDAQ 100 closed at a new record high with a gain of 0.15%. Markets chopped around on little news. There was still concern over last...

Opinion – Tuesday 7 September 2021

U.S. Equity Markets were closed yesterday for the Labour Day Holiday. However, the Futures Markets were open with the S&P September Contract rallying for most of the past 24 hours. In a recent report, the Financial Times said Goldman Sachs and Morgan Stanley were...

Opinion – Monday 6 September 2021

U.S. Equity Markets were volatile on Friday, ending the week mixed, with the Dow closing lower by 0.21% while the NASDAQ 100 closed at a new all-time high with a gain of 0.31%. The Bureau of Labour Statistics reported Non-Farm Payroll data for August showed 235,000...

Opinion – Friday 3 September 2021

U.S. Equity Markets closed higher yesterday, led by the Dow’s late rally to close with a gain of 0.37%. The Labour Department reported that Weekly Jobless Claims dropped to their lowest level since the onset of COVID-19. Another 340,000 individuals filed for initial...

Opinion – Thursday 2 September 2021

U.S. Equity Markets were somewhat mixed on Wednesday, finishing the day largely higher, despite selling off into the close. While the NASDAQ 100 closed 0.19% higher, the Dow again finished with a small loss (-0.14%). Payroll processor ADP’s monthly employment...

Opinion – Wednesday 1 September 2021

U.S. Equity Markets bounced around again, with plenty of two-way trading, before ending yesterday with small losses, led by the S&P which closed 0.14% lower.  Markets continued their choppy trade. Federal Reserve Bank of Cleveland President Loretta Mester said...